Credit Monitoring, Sickness and Rehabilitation
KEY TAKEAWAYS FROM THE CHAPTER
- Understand why credit needs to be monitored after disbursal.
- Learn to recognise symptoms of sickness/triggers of financial distress.
- Analyse whether to nurse or not to nurse.
- Understand how rehabilitation packages are framed.
The Need for Credit Review and Monitoring
From the previous chapters, it is evident that ‘credit management’ in a bank consists of two distinct processes—before and after the credit sanction ...