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Debt recovery management of SBI

Debt recovery management of SBI

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Published by pranjalamishra

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Published by: pranjalamishra on Jan 05, 2010
Copyright:Attribution Non-commercial

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01/20/2015

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IBMR- INSTITUTE OF BUSINESSMANAGEMENT & RESEARCH
A PROJECT REPORT ONDEBT RECOVERY MANAGEMENTOFSTATE BANK OF INDIA
 
Prepared By----PranjalaMishraRoll No. D-238 Student : PGPM & MBA(2008-10)
 
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PREFACE
Finance is one most volatile area where there isevery time a change, where it is important to knowabout each and every change to keep a track withthe changing world. Banking is the same because it isone of the important part of finance.Recovery Management is the process of planning,testing, and implementing the recovery proceduresad standards required to restore service in the eventof a component failure; either by returning thecomponent to normal operation, or taking alternativeactions to restore service. Recovery Management isthe acknowledgement that failures will occurregardless of how well the system is designed. Theintent is to anticipate and minimize the impact of these failures through the implementation of predefined, pretested, documented recovery plansand procedures. The primary objective of recoveryManagement is to ensure that service levelrequirements are achieved. This is accomplished byhaving recovery procedures in place that will restoreservice to a failing component asquickly as possible. To be a Master of Business Administration student isa matter of pride because we are in a field, whichhelps us to develop from a normal human being intoa disciplined, and dedicated professional. One has tobe a good learner to sharper
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he has not come out with any proposals for good recovery mechanism.
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