Who We Are?
THE COMPANY
DEBTKRAFT has been promoted by a group of professionals from diverse fields with outstanding Caliber, and intends to be the most effective NPA / bad debt management Company in India through various structures/remedies/procedures currently available within the legal framework.
The Company with its appropriate credentials proposes to offer a wide array of services to help banks and financial institutions in channelizing resources and realize value out of nonperforming assets (NPAs) locked with them. It aims to become the most influential advisor in this business segment with right/correct information, complete knowledge and its application.
The Company is working with a strong Team of professionals from diverse background such as Administrators, Bankers, Chartered Accountants, Finance Professionals, Lawyers, Valuers, etc., and each one of them brings in rich and valuable experience to the table. Growing opportunities in this business segment is expected to keep the team challenged, which translates into quick and right results.
OBJECTIVE
The Company will strive to be a dominant player in the field of providing One-Window Servicing Concept, with core specialization in providing services for Non Performing Assets (NPA) management by providing Legal Assistance, Valuation, Enforcement, Execution, Security, Investigation and Restructuring, Reorganization, Re-engineering of NPAs. The Company is committed to effectively, efficiently and within a time-bound framework achieve the Resolution of the debts due to Banks and Financial Institutions.
The Company values professionalism and maintains its integrity of the highest order and pursues its goals of creating and sustaining long term relationship with its clients while ensuring to pursue its activities within the laid down procedures and available legal framework, without ever compromising on ethics while maintaining complete confidentiality. We believe in shoring up the Bank’s bottom-line and providing value addition by unlocking the realizable potential of non-performing assets through our due diligence, core competence, technical skills by resolution.
BACKGROUND
In the last four decades and post nationalization of the Indian banking industry and also the liberalization of economy and globalization has deeply impacted the banking industry on growth as well as the consequential increase in the non performing assets. The non-performing assets (NPAs) have been steadily rising and have struck the alarming bell for the finance sector and it is now estimated to be more then Rs.10,35,528 Crores as reported by various official sources. In the last four decades and post nationalization of the Indian banking industry and also the liberalization of economy and globalization has deeply impacted the banking industry on growth as well as the consequential increase in the non performing assets. The non-performing assets (NPAs) have been steadily rising and have struck the alarming bell for the finance sector and it is now estimated to be more then Rs.10,35,528 Crores as reported by various official sources.