Snowwhite’s Credit Monitoring, Legal Aspects & Recovery of Bank Loan – The Post Approval Credit Dynamics

Snowwhite’s Credit Monitoring, Legal Aspects & Recovery of Bank Loan – 5th Revised Edition is a comprehensive and practical guide that delves into the post-sanction credit lifecycle in Indian banking. A trusted resource for banking professionals, credit officers, legal advisors, and financial consultants, this book addresses the core areas of credit monitoring, legal framework, and recovery strategies for bank loans in the Indian financial ecosystem.

With the rise in stressed assets and the need for responsible lending, this revised edition equips readers with updated insights on risk management, early warning signals, regulatory compliance, and loan recovery mechanisms. It provides a detailed understanding of what happens after a loan is approved—covering operational monitoring, documentation checks, legal proceedings, and recovery action in case of default.

Key Features:

• Post-Sanction Credit Monitoring:
  Covers the end-to-end monitoring process after loan disbursement, including financial follow-ups, performance tracking, compliance checks, and early warning signals.

• Legal Framework for Recovery:
  Discusses the legal procedures and provisions under SARFAESI Act, DRT, IBC (Insolvency and Bankruptcy Code), and Civil Recovery for secured and unsecured loans.

• Documentation & Covenants Review:
  Provides practical guidance on verifying and reviewing post-sanction documentation, charge registration, security creation, and covenant compliance.

• Early Warning Signals (EWS):
  Details various financial and non-financial red flags, operational issues, and borrower behavior patterns that can indicate stress in accounts.

• Recovery Mechanisms & Tools:
  Explains the functioning of Asset Reconstruction Companies (ARCs), Lok Adalats, Compromise Settlements, One-Time Settlements (OTS), and write-off strategies.

• Case Studies & Practical Examples:
  Enriched with real-life case studies and scenario-based illustrations to understand credit failures, legal proceedings, and successful recoveries.

• Regulatory & RBI Guidelines:
  Incorporates relevant RBI circulars, master directions, and banking regulations applicable to post-approval credit and recovery procedures.

Why This Book is Essential:

• Holistic View of Credit Lifecycle:
  Unlike books focused only on appraisal, this volume brings much-needed focus on post-sanction operations, making it ideal for credit monitoring teams and risk managers.

• Updated & Relevant to Current Banking Practices:
  Reflects the latest updates in insolvency laws, non-performing assets (NPA) handling, and RBI guidelines relevant to credit recovery and compliance.

• Practical, Easy-to-Understand Language:
  Written in a clear and accessible style, the book simplifies complex legal and financial topics for easy comprehension and quick implementation.

• Trusted by Bankers & Legal Professionals:
  A preferred reference for bank managers, legal consultants, credit officers, auditors, and professionals preparing for CAIIB, JAIIB, and promotion exams.

• Enhances Credit Risk Awareness:
  Equips professionals to proactively manage risks, detect early defaults, and protect the bank’s interest through legal and regulatory means.

Snowwhite’s Credit Monitoring, Legal Aspects & Recovery of Bank Loan – 5th Revised Edition is a vital resource for anyone involved in the lending and recovery side of the banking sector. From credit monitoring and compliance to litigation and recovery, this book provides the essential tools and insights to ensure effective post-approval credit management in a dynamic and regulated environment.