In the year 2013, United Bank of India (UBI), mainly present in the eastern and northeastern areas of India, faces considerable difficulty in managing its swelling levels of bad debt. A forensic enquiry by an outside service has identified some serious issues in the bank's credit evaluation procedure, loan disbursement procedures and non-performing assets (NPA) detection system.
With the bank's year-over-year growth of NPAs surpassing the growth of its own credit, the management team faces the urgent task of developing an effective turnaround strategy to bring the bank back into a gain standing. Debasish Maitra is affiliated with Institute of Management Technology. Pradip Banerjee is affiliated with Indian Institute of Management Indore.
United Bank of India Present Fiasco and Future Plans Case Study Solution
PUBLICATION DATE: January 22, 2016 PRODUCT #: W15638-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING