CAIIB · ABM

C CREDIT DELIVERY

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Advanced Bank Management — CAIIB.

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Q

What is the primary objective of credit delivery in Indian banking?

A

The primary objective of credit delivery is to channelize funds to productive sectors of the economy while ensuring repayment and maintaining asset quality.

Q

What is the Maximum Permissible Bank Finance (MPBF) method used for?

A

To determine the maximum working capital credit a bank can extend.

Q

What is a Working Capital Demand Loan (WCDL)?

A

A WCDL is a short-term loan carved out from the Cash Credit limit, usually at a fixed rate of interest, repayable within a stipulated period not exceeding one year.

Q

What is the second method of lending recommended by the Tandon Committee?

A

Borrower finances 25% of total current assets from own funds.

Q

What does the Tandon Committee recommend regarding credit delivery to industry?

A

The Tandon Committee recommended the Maximum Permissible Bank Finance (MPBF) method, under which banks finance only a portion of the working capital gap after the borrower contributes a minimum margin from long-term sources.

Q

What is the third method of lending recommended by the Tandon Committee?

A

Borrower finances core current assets from long-term funds.

Q

What is the Cash Credit system of credit delivery?

A

Cash Credit is a running account facility where the borrower can draw funds up to the sanctioned limit and repay as per cash flows, with interest charged only on the outstanding balance.

Q

What is the concept of Clean Credit in trade finance?

A

Credit extended without security of underlying trade documents.

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