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Profitability & Capital Adequacy Presentation

c. Wholesale Financing Section 8: Risk Management & Asset Quality Stringent Underwriting Process in Wholesale Business Customer Selection 2 Due Diligence with focus on Cash Flows 3 Smell Check • • • All New-To-Bank potential borrowers (incl. promoter/directors) are checked including CIBIL, Suit filed, CFR, CRILC, etc. Further, bank has also defined minimum internal rating thresholds for onboarding any borrower, which acts as a guiding factor for loan originations. The Bank follows a conservative underwriting approach wherein primary assessment of debt servicing ability is based on underlying cash flows of the borrower. • The Bank conducts detailed due diligence of the borrower including objective financial assessment, assessment of borrower's business profile, industry, ownership & management, key risks and customer's past track record, which in turn helps determining the Bank's appetite for the exposure. • As part of underwriting process market feedback is obtained from borrower's peers, customers, suppliers, external rating agencies, banks, etc. S Granular Exposure • Focusing on granular small to medium ticket size credit exposures Risk based approvals • The Bank follows a 'risk-based' approach for credit sanctions wherein higher risk exposures (basis internal rating, quantum and tenure) require approval from higher approval authority. Note: The underwriting process mentioned above, may change depending on product to product. 48 IDFC FIRST Bank
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