7 Approval from Credit Team

The policy submitted in the Business Recommendation stage is moved to multiple parallel stages for approval. In Credit Approval stage, the Credit Approver in the bank can capture their comments after viewing the policy details. If the information provided in the Policy Initiation Stage is insufficient, then the additional information can be requested.

Note:

Credit Approval stage is similar to the Business Recommendation stage. Refer Business Recommendation chapter for information on capturing Credit Approver Comments.