5.8.1 Processing in the ‘Online’ Mode

If the Participant Process mode is set to Online for your branch, the system automatically processes the related participant contracts, as mentioned above. In the Online mode, you can save and authorize the borrower side contracts (facility, tranche or drawdowns) ONLY if the corresponding participant side contracts are processed successfully. You can view the status of the participant contracts in the audit trail section at the bottom of the respective borrower contract. For successfully saved borrower contracts, the Participant Processing Status is displayed as Processed.

You can also view the details of borrower and participant contracts processed in Oracle Banking Corporate Lending in the JOB PROCESS STATUS screen.

For more details on the above screen, refer the heading Viewing borrower/ participant contract processing status in this chapter.