RENOVO ASSETS PRIVATE LIMITED

Delhi

Follow up on NPA and Commercial Receivable cases through reminder letters, tele-calling, and field visits, including joint visits as needed.Identify and escalate operational issues in soft bucket cases for timely resolution.Reduce overdue amounts through consistent follow-ups and structured recovery visits.For chronic cases (no payment in 6+ months), coordinate group visits and recommend legal action via zonal offices.Obtain approvals for filing cases under Section 138 of the NI Act, coordinate with legal teams, and monitor case progress.

Liaison with Banks, NBFCs, Financial Institutions for empanelment, allotment of Cases, Periodical reporting on resolution of allocated cases. Keeping track of portfolios by maintaining MIS on the basis of feedback from bankers, actual assessment of ground work, review of cases. Periodical Reporting and updating to Bank / Branch Authority about progress. Regular visits to the borrowers / Properties in all allocated accounts. Coordinate with Back Office Controller for necessary requirements Responsible for getting DM/CMM order application and making all the arrangements related to that. Arrange everything for Symbolic Possession and Physical Possession liaison with Police and Duty Magistrate/Court Commissioner. Assess the market value/status of the property mortgaged. Arrange the buyers for the sale of the property Training for the applicable law (SARFAESI Act), procedure, documentation, Standard Operating procedures (SOPs) and practical knowledge would be provided at the beginning of the job besides day to day instruction & guidance at each step.