NIBM plans to train bankers to deal with bad loans

NIBM plans to conduct workshops on the new ecosystem created by the government for resolving ballooning NPAs. NIBM is also going to conduct programmes to help banks under the prompt corrective action (PCA) of the RBI to come out of the PCA and improve their financials, KL Dhingra, director, NIBM, said at the 48th Foundation Day of NIBM.

The increasing level of NPAs in the banking sector, more particularly of the PSBs, is a cause of concern for the Centre and it has come up with the IBC 2016 and created the new “ecosystem for resolving the issue of ballooning NPAs”, Dhingra said.