Podcast
Questions and Answers
What is the maximum reduction in spread allowed by CAC depending on the merit of the case?
What is the maximum reduction in spread allowed by CAC depending on the merit of the case?
Who has been delegated variation / exception powers for parameters under Retail & Consumer Lending schemes?
Who has been delegated variation / exception powers for parameters under Retail & Consumer Lending schemes?
Who should consider variation / exception proposals for parameters other than the enlisted ones?
Who should consider variation / exception proposals for parameters other than the enlisted ones?
What is the maximum processing charges relaxation allowed for individual proposals?
What is the maximum processing charges relaxation allowed for individual proposals?
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What is the maximum relaxation on NTHP norms allowed as per the norms of the respective schemes for group proposals?
What is the maximum relaxation on NTHP norms allowed as per the norms of the respective schemes for group proposals?
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Who has the delegated variation / exception powers for parameters under Retail & Consumer Lending schemes?
Who has the delegated variation / exception powers for parameters under Retail & Consumer Lending schemes?
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What is the maximum reduction in spread allowed by CAC depending on the merit of the case?
What is the maximum reduction in spread allowed by CAC depending on the merit of the case?
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Who should consider variation / exception proposals for parameters other than the enlisted ones?
Who should consider variation / exception proposals for parameters other than the enlisted ones?
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What is the maximum relaxation on NTHP norms allowed as per the norms of the respective schemes for individual proposals?
What is the maximum relaxation on NTHP norms allowed as per the norms of the respective schemes for individual proposals?
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Who has the power to approve relaxation beyond the powers of HLCC-GM?
Who has the power to approve relaxation beyond the powers of HLCC-GM?
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Study Notes
Maximum Reduction in Spread
- Maximum reduction in spread allowed by the Credit Assessment Committee (CAC) is determined based on the merit of individual cases.
Delegation of Powers
- Variation and exception powers concerning parameters under Retail & Consumer Lending schemes are delegated primarily to specific designated individuals or committees.
Consideration of Proposals
- Proposals for variations or exceptions pertaining to parameters not explicitly listed should be reviewed and considered by senior management or a dedicated committee.
Processing Charges Relaxation
- Individual proposals are permitted a maximum relaxation in processing charges, aimed at providing flexibility to meet customer needs.
NTHP Norms Relaxation for Group Proposals
- As per the respective schemes, the maximum relaxation on Non-Turnaround Handling Parameters (NTHP) norms is allowed for group proposals.
Approval Powers Beyond HLCC-GM
- Approval for relaxations extending beyond the delegated powers of the High-Level Credit Committee - General Manager (HLCC-GM) is designated to a higher authority, ensuring stringent oversight on significant deviations.
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Description
Test your knowledge of retail and consumer lending guidelines, specifically focusing on variations and exceptions. Learn about the parameters, powers of different committees, and the process for proposing variations or exceptions.
