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R & Y Credit Rating & Risk Management Services Pvt. Ltd. |
Activities... |
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| Soft Collections Collection Services are categorized into several distinct activities. These comprise soft collections for facilities availed by subscribers of mobile service providers, to give an example, as well as soft collections of Pre Emi’s and Emi’s of finance companies and banks generally up to an age of 90 days only. These collections are affected by tele calling as well as by field activities. Another activity is in the form of Collection Management Services which are targeted not only at financial institutions or banks but also to all types of business houses who deal with customers spread across the length and breadth of the country and face difficulties and hardship in realizing their monies for services and goods sold. This service will also specifically address the needs of certain banks where there is no tradition of collecting Post dated cheques for loan installments. Lastly, collection activity would be in the form of realization of debts due to a bank or financial institution by defaulting borrowers and would be further subdivided into three categories comprising NPA settlements, post decree management and the new area of recoveries under the authority of the Securitisation & Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002.
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Field Investigations
Business / Corporate information reports Risk containment Fraud Prevention Collections Services |