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Iqbal Bawa
•
Amplio Invest • 1m
Based on my experience in Bank recovery as well as NBFC recovery, there is a clear difference in the collection and recovery scenarios across institutions. While the core objective remains the same, the approach and outcome often vary due to a few key factors: 1. Client Base The mindset, financial discipline, and risk appetite of borrowers differ significantly between banks and NBFCs, which directly impacts recovery strategies. 2. Guidance and Influence Borrowers often rely on different advisors—some immediately approach lawyers, while others believe that a branch manager or internal relationship can protect or delay their liability. 3. Relationship with Bankers The strength of a borrower’s relationship with bankers or relationship managers plays a crucial role in negotiations, restructuring, and temporary relief. 4. Nature of the Loan Recovery behavior also depends on the type of loan—secured vs unsecured, business vs personal, and the lending institution’s risk framework. However, the fundamental system remains unchanged: Payments can be delayed, but they cannot be avoided. Ultimately, every account must be resolved—either through settlement, restructuring, or legal recovery.
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