2 Overview
This topic describes about the Overview of the Group Concentration Limit Amendment.
The Group Concentration Limit Amendment process is defined to modify the group concentration limit set for the group entity using Group Concentration Limit process. The banks can initiate this process whenever the group concentration limit has to be modified.
The following stages are available in the Group Concentration Limit Amendment process:
- Initiation
- Enrichment
- KYC Check (Optional)
- Review and Recommendation
- Approval
- Documentation
- Handoff
- Handoff - Manual Retry (applicable in case of Handoff failure)