5.2.3.2 Status Control

The statuses - for example, Active, Past Due Obligation, Non-Accrual Basis, and Write-Off , and so on. defined for the product in the Status Maintenance screen is applicable for the drawdown. You have to indicate the mode of status change for a drawdown.

The options are:

• Auto – If you select this option, system automatically moves the drawdown from one status to the other based on the criteria maintained for status change (in the Status Maintenance screen).
• Manual - If you select this option, user intervention is required to move the drawdown from one status to the other.

For details on the Status Maintenance screen, refer the heading titled Maintaining status rules for a syndication product in the Reference Information for Loan Syndication chapter of this User Manual.