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A Sureshot Immunity booster for MSME’s turned NPA

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The year 2020 will be remembered as one of the toughest time for all business communities especially MSME as its business thrives solely on the banking systems in India.

The MSME’s which is considered as the driving force for the nation’s economy has witnessed “ZERO” business transaction in the last 7 months which in turn has driven most the MSME’s into NPA ( Non-Performing Assets ).

Dr. Visswas Panse chief mentor of M/s. NPA consultant has created a platform for MSME’s that will not only help them tide over the current issues with Banks and Financial Institutes but also help them with restructuring their existing financial model to suite the business dynamics post pandemic.

Dr. Visswas Panse has spent more than 35 years in various renowned financial institutes and banks like IDBI, Weizmann, ICICI, IFCI and currently is in the Advisory board with All India MSME Association and SME Chamber of India.

The solutions for MSME’s NPA includes “Assets Revival & Resolution Process of NPA”, “Ease of NPA norms that will help Borrowers”, “Helping MSME’s from Bankers clutches”, “ Fiscal discipline and proper fund assessment by borrowers to avoid NPA” etc.

The recent announcement made by Hon’ble Finance Minister as part of the “Atmanirbhar Bharat Abhiyaan” with regards to MSME sector appears to be deceptive and illusive. The announcement supports the Banking sector rather than the MSME sector.

NPA Consultants Pvt. Ltd. is headquartered in Mumbai operating under Dr. Visswas Paanse as its Chief Mentor providing an array of services on pan India basis in the fields of Legal, banking and finance, business growth re-engineering, through revival, rehabilitation and disposal, which further includes:

i. Debt advisory; ii. Corporate restructuring iii. Mergers & Acquisitions iv. Private Equity v. Revival of sick industries vi. Managing Corporate Litigation.

NPA Consultants Pvt. Ltd. has so far advised large corporates, micro-medium and small enterprises, institutional investors, industrial establishments and service sectors.

Dr. Visswas, the Chief Mentor, an Ex-banker has an astute professional background with experience of over three decades in law, finance and banking. He is an advisor to All India MSME Association and SME Chamber of India and is the pioneer in the country to float the concept of “Recovery through Revival and Resolution”.

NPA Consultants has a team of distinguished experts from the fields of banking that includes Sitting Director- Reserve Bank of India, Former Managing Director- Central Bank of India, State bank of India, State bank of Hyderabad, corporation bank, Former chief General Manager of IDBI & Former General Manager of Bank of Baroda.

The Business Associates of NPA Consultants Pvt. Ltd. is thorough professionals and expert in their own field and is true partners.

 

 

 

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