Please use this identifier to cite or link to this item:
https://ir.iimcal.ac.in:8443/jspui/handle/123456789/3955Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Arora, Rohit | - |
| dc.date.accessioned | 2022-09-06T06:33:35Z | - |
| dc.date.available | 2022-09-06T06:33:35Z | - |
| dc.date.issued | 2020-08 | - |
| dc.identifier.uri | https://ir.iimcal.ac.in:8443/jspui/handle/123456789/3955 | - |
| dc.description | Biosketch: Rohit Arora is a Chartered Accountant by profession and has close to 18 years of experience with Banks and NBFCs. He started his career with Kotak Mahindra Prime and has worked with ICICI Bank and Reliance Capital. Presently, he is with BMW Financial Services, a captive arm of BMW Group. His areas of experience include credit underwriting, risk management, financial planning and analysis, project management, internal control systems, etc. | en_US |
| dc.description.abstract | The landscape of doing credit underwriting in India is changing almost every ten years or so, and this shift is moving credit underwriting from art to science. Art here means more of experience and individual judgement of a credit analyst while sanctioning loans. By contrast, science means lesser human involvement and leaving it for machines to decide like scorecards, artificial intelligence, development of APIs, etc. Let us explore some pages from recent history and try to look into the future for understanding the change of Credit buying process in India. | en_US |
| dc.language.iso | en_US | en_US |
| dc.publisher | The Financial Research and Trading Laboratory (FRTL), IIM Calcutta | en_US |
| dc.subject | Lending money | en_US |
| dc.subject | NBFC | en_US |
| dc.subject | CIBIL (Credit Information Bureau of India Limited) | en_US |
| dc.subject | Private sector banks | en_US |
| dc.subject | CAM (Credit appraisal Memo) | en_US |
| dc.subject | RCU (risk containment unit) | en_US |
| dc.subject | TAT (Turn Around Time) | en_US |
| dc.subject | NTC (New To Credit) | en_US |
| dc.subject | LGD (Loss Given Default) | en_US |
| dc.subject | ECL (Expected Credit Loss) | en_US |
| dc.subject | PDs (Probability of Defaults) | en_US |
| dc.title | Underwriting in India – Art or Science? | en_US |
| dc.type | Article | en_US |
| Appears in Collections: | Issue 2, August 2020 (8th Anniversary Issue) | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Underwriting in India.pdf | Underwriting in India – Art or Science? | 24.6 MB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.