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IndusInd Bank

IndusInd Bank derives its name and inspiration from the Indus Valley civilisation -a culture described by National Geographic as 'one of the greatest of the ancient world' combining a spirit of innovation with sound business and trade practices. Mr. Srichand P. Hinduja, a leading Non-Resident Indian businessman and head of the Hinduja Group, conceived the vision of IndusInd Bank -the first of the new-generation private banks in India -and through collective contributions from the NRI commu... Read More

Address      IndusInd Bank Ltd, PO Box 9421, Chakala MIDC, Andheri (E), Mumbai India
Website      www.indusind.com
Holding      No Holding Details

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Credit Administration Department

Credit Monitoring - adherence to KYC norms, scrutiny of IT returns, sales tax returns, bank statements and making observations thereon. Post Sanction - Sanction Communication to borrower, getting legal vetting on properties offered as security, taking search report from ROC, valuation of property, inspection of security. Preparation of Security documents based on approved terms and get it signed by borrower, guarantors through Relationship Mangers Ensure compliance of all terms of sanction before making disbursement of credit facility. Setting up of MIC, Opening of Deal in system on compliance of all terms and conditions of sanction. Receiving of Stock statements on monthly basis, scrutiny thereof , calculation of Drawing power and feeding in the system. Keeping the insurance of securities charged to us valid on ongoing basis, inspection of units and preparation of reports. Pointing out adverse feature to Relationship manager and follow-up with him till rectification of the same. To ensure that limits are utilized within the sanctioned limit and no overdrawing are allowed without proper approvals. Downloading reports from indus-mart regarding exceptions such as expired limits, expired insurance, irregularity in the account and follow up the same till rectification Salary:Not Disclosed by Recruiter Industry:Banking / Financial Services / Broking Functional Area:Financial Services, Banking, Investments, Insurance Role Category:Corporate Banking Role:Credit Manager-Corporate Banking

Other Job Information

Vacancy type:

Full Time

Contact Mode:

not provided

Fax:

not provided

Contact Name:

HR

Job Duration:

not provided

Phone:

not provided

Email:

exclusive@indusind.com

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