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‘Vasool So-Ft’ launched to digitize NPA recovery process

'Vasool So-Ft' launched to digitize NPA recovery process_50.1

Karnataka Bank Ltd has launched the web tool ‘Vasool So-Ft’ (Vasool So-Fast) for digitalising the Non Performing Asset recovery process of the bank.

The digital tool for the recovery of stressed assets will provide an end to end digital solution. It will enable easy and faster processing, real time information and immediate decision making in the recovery area.

Static/Current Takeaways Important For ESIC:

  • MD & CEO of Karnataka Bank Ltd: Mahabaleshwara MS; Headquarters: Mangaluru.

Source: The Hindu Business Line

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