Credit Monitoring

Credit Monitoring is a vital part of lending activity for Banks. The Bankers have a great responsibility in maintaining the quality of the assets and in recovery of interest and other dues in stipulated time. A Banker has to be more vigilant post sanctioning & disbursement of the loan. An effective Credit Monitoring is required to have early warning signals to maintain the quality of the asset by taking corrective measures or exit the relationship on the appropriate time before the asset converts into a NPA. We undertake Credit Monitoring activities of Working Capital Finance as per the Sanctioned terms, which include Calculation of Drawing Power based on Stock statement submitted by the borrower, Quarterly Unit Inspection, Annual Stock Audit, ROC Search & verification of Charges, Collection & submission of QIS, FFR’s etc. as per Bankers requirement.