Constant Vigilance powered by
limitless credit monitoring capabilities
A 360 degree solution that effectively predicts asset quality vulnerabilities
All round monitoring of accounts
& asset quality maintenance
Credit Monitoring is an integral part of lending activity. Banks have a great responsibility to maintain the quality of the assets and to recover the interest and other dues in time. Though adequate precautions are taken during assessment and sanction of a loan, a banker has to be more vigilant post sanction of the loan.
There is an inherent need for banks to put in place a very sound system for effective credit monitoring. Credit Monitoring System enables the banks to monitor the borrower’s account from various perspectives.
Features of Credit Monitoring System
Highly functional CrMS
(Credit Monitoring System) housing
a wide range of functions
(Credit Monitoring System) housing
a wide range of functions
Features for all round asset
quality management
quality management
Proactive alerts
to capture Early Warning
Signal
to capture Early Warning
Signal
Dashboard
Security
Facility
Margin
Things to Monitor
Covenants
Irregularities
Diaries
Notepad
Enhanced visual representation of alert
data with interactive Dashboard
Benefits of
Credit Monitoring System
A 360 degree automated solution that enables of
monitoring borrower accounts, predicting asset
quality deterioration with a wide range
of functionalities
- Monitoring of the borrower accounts to foresee
asset vulnerabilities - Enables preventive and corrective measures
- Ensures efficient usage of loan funds and reduce
the loan losses - Maximize loan returns
- What does
CrMS helps in
finding - Stock statments
submitted in time? - Annual statements
submitted in time? - All covenants stipulated
while loan sanctioning
are adhered to? - Monitoring regular
payments of interests
and instalments - Excessive reliance on
securities? - Excessive lending to certain
borrowers/accounts? - Over valuation of
securities? - Proper creation of charges
of securities - Monitoring obsolete
stocks
Salient features of CrMS categorized below
Verify
- Client documentation
- Securities
- Credit Initiation disbursal
- Financial Data
- Industry trends
Monitor
- Facilities
- Collateral and security
- Covenants
Document & Report
- Irregularities
- Generate alerts
- Email notifications
