New Delhi, July 31 (KNN) State Bank of India (SBI) is in the process of putting in place a system of early warning signals to monitor performing of standard assets showing early signs of stress, Parliament was informed today.
 
Early Warning System (EWS) is a solution to identify borrowers in the bank’s portfolio showing early signs of stress and enable timely corrective action planning. Each account is monitored across a set of automated triggers to identify the riskiness of the account. 

The SBI has tied up with the BPOs for making pro-active calls to stressed accounts in retail and real estate segment of Business Process Re-engineering (BPR) centre branches. 

This was stated by Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today. (KNN Bureau)