How would you market your revival strategy to the bank for nursing finance when your company account has turned NPA ( Non performing Asset ) ?

Mr. Vinod excellent answer

 

Thanks for the invite

1. That the project has become economically viable with possibly a small infusion of funds.2. Major portion of additional funds will be provided by sources other than the banks.3. Banks may have to forgo part of their future income(which is nonexistent as at present) by way of rate cut.4. Promoters will provide additional security to show that they are serious about revival.