Introduction
The product is designed to automate the entire lending process in a bank and provide credit portfolio managers with tools and reporting to assist them in decision-making. Banks offers different types of credit facilities to the eligible borrowers. For this, there are several procedures, controls and guidelines laid out. Credit Appraisal, Sanctions, Monitoring and Asset Recovery Management comprise the entire gamut of activities in the lending process of a bank.

The Software solution enables a bank to standardize the proceedings across banks and enables installing certain financial uniformity amongst the borrowers.

Salient Features
Data Download/Upload - Ensures prompt & accurate data entry in business borrower application (Profile & CMA) through floppy or web interface.

Pre-appraisal stage - Eliminates costly errors and ensures complete and correct (input check procedures) of uploaded borrower profile, and CMA data in required parameterisable format.

Verification - Verification of previously rejected borrowers reapplying for loans through defaulter lists of the Reserve Bank of India (RBI), Export Credit Guarantee Corporation (ECGC) and the bank itself.

Appraisal Methodology

Working Capital Computations:
1. CMA based
2. Cash Budgeting (especially for Seasonal business lines)
3. Turnover Method

Term Loans
Non Banking Financial Companies
Infrastructure handling

Appraisal Tools
Sensitivity analysis & projections for Working capital and Term loans
Comparison of previous CMAs, industry and peer group comparisons, linkage to financial database of service providers such as CRISIL, CMIE and C-Online
Credit risk rating incorporation
Term loans - Interest workouts, Moratoriums, Repayment schedules, Sensitivity
Computation of MPBF, Facility-wise maximum limits
Proposal preparation

Post-appraisal stage
Ensures the sanctions are adequately covered by the policy guided Terms and Conditions
Accepted securities and documents linked to various facilities
Accepted terms and conditions linked to various facilities
Sanctions and follow-up methodologies, compliance of terms and conditions as Charging of Securities completed and sanctioning facilities as per set authority
Auto generation of sanction letter with facility wise limits, terms & conditions

Monitoring
Timely and standard review of credit extended
1. Terms and conditions compliance; Security Documents compliance
2. Securities charging compliance
3. Review Proposals
4. Audit Queries
5. Stock Statements
6. QIS, MSOD
Figure in congruencies through early warning signals to avoid Non-Performing Asset (NPA) formation
1. Linkage of bank statements received from Borrower, Branches, etc

Recovery Procedures
Recovery Procedures & NPA management - Compromise Proposal, BIFR, Legal Actions, and Write-offs
Various statements - Prompt and timely monitoring of activities to monitor Document movement, Appraisal, Monitoring Recoveries and so on.