Team Bankersfeed – Bankersfeed

Team Bankersfeed

https://bankersfeed.com/author/teambankersfeed

Judgments misplaced in PSBs – Accountability assessment under scanner

Judgments misplaced in PSBs – Accountability assessment under scanner

Team Bankersfeed January 9, 2021

Regulator as well as government became sensitive to the issue of accountability influencing lending decision adversely , which started affecting economy. Formation of the committee for the purpose indicates the concern of the government. PSBs https://economictimes.indiatimes.com/industry/banking/finance/banking/public-sector-banks-may-follow-a-uniform-practice-on-employee-accountability-for-bad-loans/articleshow/80120762.cms?from=mdr Views emerged that reference to the outside agency (often referred as witch hunting) are the reasons for the slow […]Read More

Compliance Management in Corporate Credit Portfolio – plan your strategy -Part I

Compliance Management in Corporate Credit Portfolio – plan your strategy

Team Bankersfeed January 4, 2021

Why compliance Over the years there has been parallel development in the art of camouflaging submission of data to the banking system, along with improvement in technologies as well as introduction of risk control measures in banks/financial institutions. Globally bankers, under the aegis of BIS had taken the initiative to evaluate the information available to […]Read More

Compliance Management in Corporate Credit Portfolio – plan your strategy -Part II

Compliance Management in Corporate Credit Portfolio – plan your strategy

Team Bankersfeed January 4, 2021

Purpose For expansion of processing capacity. Project cost The cost of the project is estimated at ……lakhs with D/E of ….. Margin / Promoter’s Contribution 25.00% By way of promoters contribution Equity/ internal accruals/ unsecured loans Rate of Interest MCLR + …% i.e. 11.10% at present with monthly rest. The One Year MCLR effective […]Read More

Compliance Management in Corporate Credit Portfolio Plan your strategy- part III

Compliance Management in Corporate Credit Portfolio Plan your strategy- part

Team Bankersfeed January 4, 2021

Working Capital Facility – export Finance Terms of sanction of working capital facility for export is generally advised in the following form for existing borrowers. The expression MCLR represents the benchmark, which may be differently named in different banks. Nature of facility WCFC/ EPC limit enhanced from Rs………. Lakhs to Rs……. Lakhs Limit […]Read More

Compliance Management in Corporate Credit Portfolio Plan your strategy – part IV

Compliance Management in Corporate Credit Portfolio Plan your strategy –

Team Bankersfeed January 4, 2021

Working Capital Facility The terms of sanction for fund based working capital limits are as under: Nature of facility Fund Based Working Capital (Cash Credit) limit enhanced from Rs.00.00 Lakhs to Rs.00.00 Lakhs under . Limit Rs.00.00 Crores ( subject to renewal/ review after 12 months) Non Fund based working capital limit : LC …../ guarantee […]Read More

Compliance Management in Corporate Credit Portfolio Plan Your Strategy –Part V

Compliance Management in Corporate Credit Portfolio Plan Your Strategy –Part

Team Bankersfeed January 4, 2021

Conditions Precedent in Corporate advances Generally the conditions precedent in case of working capital limits contain the following provisions: The limits will be disbursed on fulfillment of all the terms and conditions of sanction stipulated by the Bank. Borrower shall give unconditional acceptance of terms and conditions as per letter of sanction, which will form […]Read More

Compliance Management in Credit Portfolio- Plan your strategy-Part VI

Compliance Management in Credit Portfolio- Plan your strategy-Part VI

Team Bankersfeed January 4, 2021

Mandatory Covenants While advising sanction of credit facilities, banks issue mandatory covenants , which are general guidelines to be complied by the obligor. These are general safeguards to protect the interest of the bank subsequent to the disbursement. Following are the restrictions mentioned by the banks at the time of allowing credit facilities: The borrower […]Read More

How Corporate Credit branches can be Risk Compliant

How Corporate Credit branches can be Risk Compliant

Team Bankersfeed November 9, 2020

In conformity with the Management structure in corporate / Head office , the risk management function in branches / regional offices should be delineated, but has to be built in to the system. Credit Monitoring, which includes obtaining and examining stock / book debt statement, calculation of drawing power, valuation of assets, assigning stock/legal audit […]Read More

Job Design — A step towards efficiency in capital adequacy & supervisory excellence

Job Design — A step towards efficiency in capital adequacy

Team Bankersfeed November 9, 2020

Basel Committee described supervisory process “…the supervisory process of the framework is intended not only to ensure that banks have adequate capital to support all the risks in their business, but also to encourage banks to develop and use better risk management technique in monitoring and managing their risks. The Bank’s internal control structure is […]Read More

Restructuring essentials – Protection of the decision makers

Restructuring essentials – Protection of the decision makers

Team Bankersfeed September 25, 2020

Post pandemic economy is heavily reliant on restructuring primarily because revenue stream has been intercepted while liability is still escalating. In order to ensure that business units sustain the eventuality, regulator has taken a series of measures which include restructuring so that the accounts are not impaired and employees as well as suppliers dependant on […]Read More

1
2
3

© 2020, Bankersfeed | Powered by The Social Lions