Income Recognition and Asset Classification

i-IRAC

i-IRAC© Income Recognition and Asset Classification

i-IRAC is a cutting-edge Non-Performing Asset (NPA) management software designed to ensure RBI-compliant Income Recognition, Asset Classification (IRAC), and provisioning. Built specifically for the banking and financial services sector, i-IRAC automates and centralizes asset classification, minimizing human error and eliminating the need for branch-level intervention.

Whether your bank follows a centralized or decentralized model, i-IRAC provides flexibility with customizable data processing frequencies. With its robust, web-based interface, users can access and manage NPA classification and provisioning from anywhere, ensuring real-time insights and efficient compliance.

Key Features

Key Features

Business Benefits of Implementing i-IRAC

Business Benefits

Why Choose i-IRAC?

With a focus on automation, compliance, and strategic insight, i-IRAC empowers banks to proactively manage NPAs, improve reporting accuracy, and ensure full regulatory alignment. Trusted by financial institutions across the country, i-IRAC is your partner in smarter asset classification and risk management.

Transform your NPA management with i-IRAC. Contact us today for a free demo or consultation and take the first step towards smarter, faster, and fully compliant banking.

i-RAC: Income Recognition and Asset Classification

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