credit REVIEW

CREDIT REVIEW

Credit review is a process carried out for confirming compliance to the defined process as stipulated by the lenders in respect of the exposures availed. This includes a review of procedures and process to ensure adequacy of compliance to the regulatory framework.  

Credit review is a process carried out for confirming compliance to the defined process as stipulated by the lenders in respect of the exposures availed. This includes a review of procedures and process to ensure adequacy of compliance to the regulatory framework.

A loan review could help in determining the compliances with lending procedures and policies, Identifying the lapses in documentation, risk management priority findings, and also recommends practices and procedures to address findings.

Financial Institutions those fails to address the problems early are prone to suffering from systemic weaknesses which can lead to deterioration in portfolio quality, thus reducing profitability and sustainability of the lender.