Delving A Bit Deeper Into The Procedure Of Credit Risk Analyzation

Shreyasi Nath, KIIT School of Law

ABSTRACT

This manuscript deals with the basic procedure of credit risk analyzation where, the bank needs to go through the thorough details of the borrower, in order to understand the capability of the borrower of returning or paying off the loans that has been taken by him. The process of credit analyzation helps in the proper conduct of the entire lending procedure of the bank, it gives the bank or the creditor a sense of security, which is an important element in the functioning of any financial institution. This manuscript also describes a little bit about the credit risk management process or strategies that can be followed by the lenders or creditors in order to ensure the security of their respective businesses. This entire process of credit risk analyzation as well as credit risk management has been briefly yet thoroughly described in the writing below.