4.9.11 Specifying Borrowers for the Tranche

You must specify the borrowers for the borrower tranche, who will actually be availing the drawdowns under the tranche. The borrowers defined for the borrower facility under which the tranche is being entered, will be defaulted to the tranche. You can view the borrower details in the Borrower Details sub-screen.

Specify the UserID and Password, and login to Homepage.

From the Homepage, navigate to LB Tranche Contract Online (LBDTRONL) screen.

1. From the LB Tranche Contract Online screen, click Borrower.
   The Borrower Details screen is displayed.

   Figure 4-46 Borrower Details

   
   

   

   
   
2. You cannot add a borrower at the tranche level. You may, however, remove a borrower from the tranche. You have to click Delete Row button to do this. When you click on this button, the system displays a message to seek confirmation for the deletion.
   The borrower details get defaulted along with the currency mnemonics and entities for each borrower.

   For more details on the above details, refer the heading Specifying borrowers for the facility in this chapter.

   In addition, at the tranche level you can specify the following:

   • Nature of SSI
     You can specify the nature of the SSI for each borrower. The available options are:

     • Advisory: If the nature of the SSI selected is Advisory, you are allowed to change the SSI mnemonic for the drawdowns processed under the tranche.
     • Contractual: This option allows you to change the SSI mnemonic at the drawdown level but the system displays a warning message to indicate the same.

     Note:

     The SSI selected for the borrowers get displayed in the settlement details screen for the tranche and all the drawdowns processed under it.
   • Netting Preferences

     You can specify netting preferences for tranche borrowers only if you select the Net Across DD option (in the CONTRACT tab of the LB Tranche Contract Online screen).

     The available netting options are:
     • All Components: Select this option to indicate that netting is applicable for all the components.
     • None: This option indicates that netting is not applicable for the borrower.
     • Principal Only: Select this option if you want to net only the loan principal.
   • Blocked

     You can select this option if you want to prevent a borrower from availing loans under the tranche.

   This topic contains following sub-topics:

• Selecting DD Products and Defining Currency Wise Limits
  
• Specifying the Sublimits
  
• Viewing Standard Settlement Instructions for Borrowers