How trainings can add value to NBFC companies

An NBFC will view training as to how it adds to the employees' immediate ability to generate revenue or prevent losses . Given below are some recommendations on how to maximise training budgets.

1) Credit structuring needs to be discusses in great detail as a NBFC would want to do deals which normally banks do not do, but would want to reduce risk to acceptable levels.

2) For the same reason credit monitoring would have to be discussed for that the NBFC is forewarned of the problems .This would include pre identifying potential NPAs when they are still standard assets (credit Hygiene ) and also strategies to exit accounts . (the tolerance of NBFCs for NPAs will be much lower than banks )

3) Different business groups have different risk characteristics .The trainees need to understand these for about 15-20 businesses . More so as to how to identify Key success factors and red flags in an industry .So that industry specific assessment system can be developed.( Credit risk includes Business risk as well as balance sheet risk. Trainings generally focus on latter)

4) NBFCs generally would want to lend to mid and small corporates ,where close customer interaction and market feedback will be as important as financial analysis. Skills in the former two and combining all three to develop a potent method if risk management should be the focus.

5) provisioning : Every NBFC would have aggressive norms of its own ,which needs to be understood by the trainer.

6) NBFCs would want to do what banks cannot do .So what are the restrictions on banks while lending need to be explained to them -together with what NBFCs are not allowed to do.

Other Services of Interest

  • Legal Compliance software - Partnership Announcement

    Riskpro is pleased to announce that we have partnered with LexComply to offer legal compliance software solutions to our clients. To learn more about legal compliance software that we have to offer...
  • Information Security Policies - Full Set

    Riskpro has put together a complete documentation toolkit for ISMS /ISO 27001 framework. To purchase this work template based toolkit, please send an email to info@riskpro.in.
  • SSAE 18 - SOC Audit and Attestation Services

    Riskpro's unique approach to SSAE engagement is sustained value addition to your business. Our readiness services enable you to remediate the control gaps in an efficient manner that not only help to...
  • SSAE 18 - SOC Audit and Attestation Services

    Riskpro has been providing SSAE 16/ now SSAE 18 and other information security services for over two years. Here are some of the major benefits our clients are experiencing. Benefits of SOC Audit...
  • Cybersecurity Checklist - NIST Framework

    Riskpro has developed a cybersecurity checklist based framework to perform a self assessment of cyber risk preparedness. Please email info@riskpro.in to obtain more information on this.
  • Risk Management for Corporates

    Banks are often seen in the forefront of any risk management discussion and it is often perceived that Risk Management is synonymous with Banking. But this is not entirely true. It is true that Banks...
  • Go to top