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C Credit Control monitoring
What is credit monitoring in the context of bank lending?
Credit monitoring is the continuous process of reviewing and tracking the performance of loan accounts to ensure borrowers comply with loan covenants, repayment schedules, and end-use conditions after credit is disbursed.
What is meant by 'window dressing' in the context of borrower financial statements?
Temporary manipulation of accounts to appear healthier before reporting dates.
What is the primary purpose of post-disbursement credit supervision?
Post-disbursement credit supervision ensures that funds are used for the sanctioned purpose, early warning signals of stress are detected, and corrective action is taken before an account becomes an NPA.
What is a Potential NPA and how does it differ from an actual NPA?
An account showing stress signals but not yet overdue for 90 days.
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