Staying sure-footed in the new normal
Credit monitoring and preventive intervention with real-time Early Warning Systems
Credit monitoring is an integral part of the lending activity of financial institutions. These organizations have a great responsibility for not only extending timely credit but also maintaining asset quality through continuous monitoring and recovering dues in time. Traditionally, adequate precautions are taken during the assessment and sanction of a loan, however, a lender has to be much more vigilant during the lifetime of the loan and ensure its full recovery.