IIBF X Taxmanns Handbook on Debt Recovery Comprehensive Guide Covering Products & Services of Banking System | Debt Recovery

This Book Has Been Prepared To Serve As A Comprehensive Guide For Debt Recovery Agents And Their Essential Role In Debt Recovery. The BookS Objective Is To Provide A Deep Understanding Of The Debt Recovery Process And The Various Stages And Guidelines To Be Followed By The Debt Recovery Agents.This Book Will Be An Essential Guide For All Debt Recovery Agents, Whether They Are Associated With Banks Or Nbfcs In Their Recovery Process.The Present Publication Is The 2023 Edition, Revised And Updated By A.C. Chug (Former Chairman M G B Gramin Bank Sponsored By The State Bank Group) And Vetted By Dr. R. Bhaskaran (Former Ceo Iibf And Former Cgm Nabard). Taxmann Exclusively Publishes This Book For Iibf With The Following Noteworthy Features: [New Section On NonBanking Financial Companies (Nbfcs)] Has Been Added To This Book [Inputs On Collection/Recovery Function] Which Includes:O Basic Information And Principleso Underlying Credit Collectiono Procedures Involved In The Collection Functiono Codes To Be Adopted By Recovery Agent, Etc. [Additional Features On Collection/Recovery Function] Such As:O Valuable Tipso Techniqueso Illustrative RealWorld Exampleso Best Practices [Select Coverage Of The Most Important Topics] Are As Follows:O Soft Skills And Attributes Which Are Required To Be A Successful Debt Recovery Agento Insights Into The Techniques And Methods Required By Debt Recovery Agents To Communicate With Debtors And Improve Collectionso Ethical Considerations & Regulatory Framework That Govern The Work Of Debt Recovery Agento Consequences Of Engaging In Unethical/Illegal Practice Along With The Importance Of Treating Debtors With Respect And Dignitythe Detailed Contents Of This Book Are As Follows: Module A Basics Of Bankingo Overview Of Banking And Financeo BankerCustomer Relationshipo Various Deposit Schemes And Other Serviceso Account Opening And Operations In Accountso Provisions Of The Ni Act For Payment And Collection Of Cheques Module B Brief Outline Of Various Products And Legal Aspects Of Recoveryo Credit Cards And Debit Cardso Various Types Of Loans And Advanceso Securities And Modes Of Registration Or Recording Securitieso Loan Documentationo Income Recognition And Asset Classificationo Legal Aspects Of Loan Recoveryo Collection Operations Module C Dra Role In Loan Recovery And Soft Skillso Dra Meaning, Legal And Regulatory Frameworko Functions Of Debt Recovery Agentso Policy, Process And Procedure Of Debt Recoveryo Soft Skills And Strategies For Debt Recoveryo Rights And Duties Of Recovery Agentso Fair Practices Code For Lenders Module D Additional Reading On Nbfcso NonBanking Financial Companies (Nbfcs)O Fair Practices Code (Fpc) For Nbfcs Appendiceso Rbi Circular On Recovery Agents Engaged By Bankso Iba Model Policy On Collection Of Dues And Repossession Of Securityo Case Laws On Payment Of Cheques And Liability Of Paying Bankero Rbi Guidelines On Managing Risks And Code Of Conduct In Outsourcing Of Financial Services By Bankso Case Laws On Repossession And Enforcement Of Securitieso Glossary Of Banking Termso Some Of The Important Cases Dealt By The Banking Ombudsman Officeso Outsourcing Of Financial Services Responsibilities Of Regulated Entities Employing Recovery Agents