Webinar: NPAs and Global Asset Recovery

The revival of Indian economy in the post-pandemic scenario is heavily reliant on a healthy banking sector. Rising non-performing assets (NPAs) is the biggest challenge to the sector. Recoveries from personal guarantors and their assets globally has the potential to materially aid the reduction in NPAs and freeing capital. The proposed setting up of the National Asset Reconstruction Company (NARC) will further assist in such endeavours.

Grant Thornton, in association with Cyril Amarchand Mangaldas, is organising a webinar – NPAs & Global Asset Recovery: Will personal guarantees and NARC help unlock the money trail?

The webinar will feature two panels where experts will delve into personal guarantee issues around global asset recovery and how the setting up of the new NARC in India can help banks with getting their bad loans book in order.

Key discussion points

• Personal and corporate guarantee enforcement and asset recovery across international borders and jurisdictions
• Learnings from global case studies and discussions on past experiences from a legal and procedural perspective
• Role of NARC to takeover stressed assets of lenders and helping Indian banks in reducing their bad loans book
• Sharing success stories and best practices from Ireland and other global jurisdictions