Credit Score – The personal score that is formed as a result of the collection and analysis of all financial history and relations with banks by a joint institution (Credit Registration Office) is called “Credit Score”. The credit rating obtained is used by financial institutions as …
What is Risk Analysis ? The risk analysis consists of listing the possible events, evaluating any and all probability that the project developed will go wrong if that event occurs, from this analysis you carry out a survey of the impacts and consequently develop preventive …
Credit Score – Credit Information Bureau India Limited (CIBIL) score plays a critical role in the loan approval process for Indian banking industry. An individual customer’s credit score provides loan providers with an indication of how likely it is that they will pay back a …
Risk Management – “Risk are future uncertain events with a probability of occurrence and a potential for loss” A risk is defined as “an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.Risk is inherent with …
What is Credit Risk ? Credit Risk is the possibility of incurring losses associated with the non-compliance by the borrower or counterparty with their respective financial obligations under the agreed terms, the devaluation of the credit agreement resulting from the deterioration in the borrower’s risk …
Credit Reports – The credit report is a document that presents the records of negotiations. It is a kind of statement of operations prepared by the credit protection agency. From this analysis, your company verifies any movement or negative information, which may increase the transaction risk. For …
What is a credit card ? A credit card is a payment/loan product that a customer can borrow against a line of credit at any time and can repay that loan with a great degree of flexibility. Parties involved in credit card transaction Cardholder : …
What is Credit monitoring ? – Credit monitoring is carried out by the CRM area that is responsible for thedaily monitoring of the information made available in the limit control systemcredit, in order to ensure its integrity and accuracy. As provided for in the Credit …
Loan Approval Process how it works ? Credit Information Bureau India Limited (CIBIL) score plays a critical role in the loan approval process for Indian banking industry. An individual customer’s credit score provides loan providers with an indication of how likely it is that they …
Meaning of Insurance? Insurance is a Risk Management mechanism primarily used to hedge against contingent loss. Insurance transfers risk of loss from one entity to the other, in exchange of money. Insurance in simple terms is pooling of money by a group of people to …
CAPEX and OPEX – In corporate meetings, it is very common to hear two acronyms: CAPEX and OPEX. Many people know the meaning of the terms, but do not always understand what their concepts and applications are. Basically, they understand ways to contract and purchase products …
Introduction to Basel Basel : In 1995 Barings PLC, Britain’s oldest merchant bank, suffered a loss of $1.3 billion due to the actions of a rogue trader who was able to hide substantial losses through the use of a segregated account that he controlled and that …
What is Risk ? Risk is an uncertain future event or condition that, if it occurs, has a negative impact on a project’s objectives. Project Risk is always in the future. Issue: A risk that has become a reality due to an event called a …