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Renovo Assets is conceived to provide a comprehensive ‘Asset Management’ solution over a broad spectrum of key industries. Taking cognizance of the ever increasing bad debt (“NPA”) management faced by a majority of businesses in various fields, Renovo Assets intends to provide a one stop solution in this area.
A prudent policy on NPA management always help maintain adequacy of valuable liquidity and business expansion opportunities. Managing these NPA internally, especially in high volume based businesses, may not be cost effective. Renovo Assets effective and efficient NPA management techniques / processes help in arresting the growing NPAs thereby accentuating the growth parameters.
The prime focus of Banks and Financial Institution (“FI”) has always been on efficient and optimum utilization of resources for financial development and growth of national economy. Any spurt in NPAs tends to breach the focus thereby putting obstacles in economic growth. This is the stage where experts like Renovo Assets can step in and by dint of their cost effective professional services, support the Banks and FIs in stemming the NPA rot,