Annexure-XVI-A

To,
Branch Manager/AGM/DGM
State Bank of India,
…………. Branch

Progress Report: Review of Resolution of

Accounts For the month of ……………………….

1. Name of the Resolution Agent:

2. No. of employees:

Out of which, deployed in recovery

activities: (List of employees
enclosed)
3. Name of the Unit:

4. Date of SLA agreement:

5. Details of Recovery:
(Rs in Lakh)
Date of O/s Total Value of Value of Total Recovery Remuneration
Allotment of Dues Primary Collateral Security till date received
account Security Security till date

6. Status of Compromise:

7. Status of Suit/DRT OA:

8. Status of SARFAESI action:

9. Action Plan:

10. Remarks:

11. We undertake that,

 a) Progress report for all accounts assigned by different branches from Bank
have since been put-up to the concerned branches.
b) Logbook for personnel and documents are being maintained and shall be
produced for verification as and when required.
c) All documents provided by bank and related to recovery are kept in (Fire &
Burglary Resistant) FBR safe.
d) Return all documents/paper (provided by any branch) to the Bank after
expiry of SLA Agreement/resolution of Account/expiry of account allocation
period whichever is earlier.
e) Service Level Agreement (SLA) is enforceable.
f) Code of conduct duly acknowledged and followed by all employees.
g) Turn Around Time (TAT) is being complied with.
h) No unfair trade practices are being adopted by us and by our
representatives and do not collude with the borrower, guarantor or third
party to make any unlawful gain to it or loss to SB. An undertaking in this
regard has already been submitted to concerned branch.
i) Copies of Debt Recovery Examination Certificate (conducted by IIBF) of all
the Directors / Partners & employees associated with recovery process
have already been furnished to the concerned branch.
j) Police verification reports of all the Directors / Partners & employees
associated with recovery process have already submitted to the branch.
k) All RBI / Bank’s/Regulatory guidelines are strictly complied with.
l) 100% compliance of the observations in bank audit reports been
submitted.

Signature of Authorised
Official of the
Resolution Agent

Date: