Raghavendran Rangarao Email & Phone Number

Greater Chennai Area

Handling a portfolio of 85 Crores with a mix of several products in both secured and unsecuredsegments. like Loan against Property , Business loans , Auto loan and Personal loansExercised approval authority of 7.5 Million in secured and 0.5 Million in unsecured loans withprudence.Regular trainings and ad hoc policy brush up to my credit team made to increase the audit score of my branches from 5,6 to 9 out of 10.Meticulous underwriting and identifying process gaps and adherence to policy had brought back the early defaulters from 112 to 28 per month.Cordial relationship with collection team and regular visits combined with other strategies had contributed in a great manner which resulted in reducing the NPA from 6.23% to 1.78%To go in tandem with business team to achieve agreed numbers within the given time lines like monthend, quarter end and year end without any breach on the prescribed policy and process.Judgmental call to be exercised based on the profile, geography, cash flow and property offered to us.Handling a team of Credit managers by providing inputs on real time basis – policy updation andmarket news which will be helpful in underwriting to the team.

Chennai

 Credit underwriting done for both unsecured and secured loans like Business Loans, Loan againstProperty and Personal loans. Ready to take calculated risk with good mitigates that will prove the credit call taken is a worthwhile decision. Appraising the Loans by perusing the Credit parameters, Policy and Process with utmost care Strict adherence with due diligence imparted in delivering the assignments within TAT

Credit Underwriting of Secured and Unsecured loansCredit underwriting• To Decision cases sourced by Sales Team in adherence to policy/ process, to ensure Portfolio Quality and maintain appropriate service level (TAT); will be responsible for the Audit and Regulatory compliance for the Location.• Work closely with functions such as Sales/ Operations/ Collections/ CPU/Policy/ Product etc to maintain a smooth flow of activities at the location.Obtaining information for credit risks to be assessed, including gathering information needed to make decisions about credit facilities in response to specific applicationsVerifying information received for credit applicationsIdentifying and reporting fraudulent applicationsEstablishing and monitoring credit facilities and limitsCommunicating credit decisions to the customer and colleaguesMonitoring payments and actively pursuing queries and disputesTaking appropriate action to revise credit terms or withdraw creditLiaising with colleagues to oversee the recovery of debt, helping to select the most appropriate recovery procedures in line with your organisation’s credit policy

Credit Underwriting of Unsecured loansResponsibilities:• Underwriting of personal loan proposals.• Conducting Personal discussion with the customer.• Financial analysis as per credit policy of the company.• Handling MIS and Collection Calls.• Guidance to the customer on company’s policy.• Standardizing the process flow.• Ensuring the payments as cleared the bank and follow ups incase of defaults.• Ensuring that the controls and checks (like verification, CIBIL, Dedude, Sanctions etc...) are followed as per the defined process.• Ensuring high underwriting quality and processing efficiency.• Coordinating regularly with collection team for the FPD, SPD & Bucket cases collection.• Achieved > 83 % in collecting all bucket cases from May 2008.• Port folio analysis, auditing the files after disbursal.• Selling insurance - Health protection Plans & Personal loan protection plans.• Field visits to know the profile of the customer before disbursal & Field visits for bucket cases.• Conducting training in DSTs for to implement the new changes taken place time to time.