3 Amendment Initiation

This topic describes about the Amendment Initiation stage in Credit Amendment process.

Credit Amendment is initiated either on the basis of customer’s request or if the bank wants. The Amendment application enables amendment of facilities, collateral, covenants and T&C. In the Amendment Initiation stage, the user can view the list of existing facilities, collateral, covenants, and T&C, and propose addition/removal/ modification of collateral, facilities, covenants and T&Cs based on details such as facility over utilization detail, and covenant / T&C compliance details.

The following table provides a high level overview about the Amendment Initiation stage.

Table 3-1 Amendment Initiation

Information Available for User	Activities that can be performed by user
Customer demographic information Customer group structure Liability details Facility details Other bank facilities Group wise exposure Connected party details Facility over utilized Facility overdue Breached covenants Breached T&C Existing Collateral details Existing covenants and T&C	Capture changes in Liability Capture changes in facility Add collateral if required Add write up if required Add comments Submit application for enrichment

1. On Home screen, select Credit Facilities. Under Credit Facilities, select My Portfolio.
   The My Portfolio page listing the current customers is displayed.

   Figure 3-1 My Portfolio

   
   

   
   Description of "Figure 3-1 My Portfolio"

   
   
2. Click and expand the required customer. Detailed information about the customer is displayed.

   Figure 3-2 My Portfolio

   
3. Click the Initiate Amendment button. The Amendment Initiation - Customer Info screen is displayed.

   Or

4. On Home screen, select Credit Facilities. Under Credit Facilities, select Corporate. Under Corporate, select CP Amendment.
   The CP Amendment screen is displayed.

   Figure 3-3 CP Amendment

   
   

   
   Description of "Figure 3-3 CP Amendment "

   
   

   For information on fields in the CP Amendment page, refer the below table.

   Table 3-2 CP Amendment

   Field	Description
   Application Priority	Select the CP Amendment Application Priority. The options available are: Low, Medium, and High.
   Application Branch	Select the Application Branch. Bank branches maintained in the system are displayed in LOV.
   Party Id	Search and select the required Party Idfor which CP Amendment has to be initiated. The system displays all the WIP Applications for the selected party and enables the Initiate CP Amendment button.

5. After providing all the details, click the Initiate CP Amendment button. The Amendment Initiation - Customer Info page is displayed.

• Amendment Initiation - Customer Info
  This topic provides detailed information on the Customer Info data segment in Amendment Initiation stage.
• Amendment Initiation - Liability
  This topic provides systematic instructions about the Liability in the Amendment Initiation stage.
• Amendment Initiation - Basic Information
  This topic describes about the Basic Information in the Amendment Initiation stage.
• Amendment Initiation - Other Bank Facility
  This topic describes information about the Other Bank Facility in the Amendment Initiation.
• Amendment Initiation - Groupwise Exposure
  This topic describes information about the Groupwise Exposure in the Amendment Initiation.
• Amendment Initiation - Connected Party
  This topic describes information about the Connected Party in the Amendment Initiation.
• Amendment Initiation - Write up
  This topic describes information about the Write up in the Amendment Initiation.
• Amendment Initiation - Amendment Summary
  This topic desribes information about the Amendment Summary in the Amendment Initiation.
• Amendment Initiation - Comments
  This topic describes detailed information about the Comments in the Amendment Initiation.