DUE DILIGENCE A/c GANGA TRADERS

INTERVIEW WITH THE APPLICANT: Mr Akurathi Babu Rao

INDUSTRY REPORT : M/s. GANGA TRADERS is a sole proprietary concern

established during the year 2020.

The concern is engaged in trading of Tobacco, the shop

is situated at Assessment No.1021051879, Rajeev
Gandhi Nagar 6th Lane, Guntur - 522 002

Mr Akurathi Babu Rao aged 61 years is the proprietor

of the concern. He is running the business on profitable
lines.

MARKET ENQUIRES: Mr Akurathi Babu Rao aged 61 years is the proprietor

of the concern M/s GANGA TRADERS established during
2020.

Existing customers dealing with the branch since March

2020. He is native of Amaravathi having education after
10th standard.

He is running the business on profitable lines and

enjoying reputation in the market. No adverse features
observed.

SCRUTINY OF FINANCIAL STATEMENTS Financial statements are analyzed and the financials
ratios like current and TOL/TNW ratio within acceptable
*bench mark level as per PBS 31.03.21 as well as EBS
dt.31.03.22. NWC is adequate.

PRE SANCTION Conducted on 21-06-2021. Shop is open and sufficient

stacks are available to cover the liability.

CREDIT RATING

TAKE OVER NORMS Not a takeover account

BANKING ARRANGEMENTS We are sole banker

Confidential opinion from existing banker We are sole bankers

DATE: __-__-2021
(S.RAJENDRA PRASAD)
PLACE: AMARAVATHI Senior Branch Manager

Annexure-VII
 DUE DILIGENCE REPORT OF BORROWER BY THE BRANCH
(Minimum Parameters to be covered)

S. Particulars Observations
No.
1. Interview with the applicant Interviewed the proprietor Mr. Akurathi Babu
Rao
2. Inspection of Visited the shop and residence of the proprietor
residence/office/factory unit, as
applicable
3. Inspection/Due diligence of Collateral security is provided and due
Property/s along with valuation/Legal diligence, valuation report and legal opinion
Opinion already submitted
4. Market Information/Inquiries M/s. GANGA TRADERS is a sole proprietary
- Proper enquiries about the bona- concern established during the year 2020.
fides /antecedents of the
concern/ promoters The concern is engaged in trading in trading of
- Details of enquiries made should Tobacco, the shop is situated at Assessment
include name of individual, No.1021051879, Rajeev Gandhi Nagar 6th Lane,
designation, concern, activity, Guntur - 522 002
phone number etc.
The concern is enjoying credit limits with the
branch since 2020.

Existing customer dealing with the branch since

2020. He is native of Amaravathi having
education after 10th standard. He owns fixed
assets at Amaravathi and Agricultural lands in
the village.

5. Credit report of Concern/ Credit reports enclosed

promoters/guarantors
6. Name of the concern / List of defaulter’s (Non suit filed a/c’s) of
directors/promoters/group concerns
figure in RBI defaulters’ / caution
list / caution list of exporters /
willful defaulters /ECGC SAL List. If
yes, furnish details (Date of the list
should be mentioned)
7. Compliance of KYC norms
8. Verification of statement of Accounts
of other banks, wherever applicable
9. Audited Balance Sheets confirmed
from the Chartered Accountant who
have audited and certified the
balance sheet. (As per IC 9751
dt.28.11.2013)
10. Credit report from existing Bankers of
concern/sister concerns, wherever
applicable
11. Credit report from external agencies
Rs.1.00 cr and above as of June 2019: No
List of willful defaulters (Non suit filed a/cs) of
Rs.25.00 laces and above as of June 2019: No
List of willful defaulters declared by our Bank
as of Jan 2020: No
List of defaulters (Suit filed): No
List of willful defaulters (Suit filed a/cs) of
Rs.25.00 lacs and above as of June 2019: No
CFR list dated 31.03.2019: No
Exporter Caution List: N.A.
Complied with, existing customer of the branch
since Mar 2020
Yes
The client has provided provisional financial
statements and audited statements to be
submitted.
Not Applicable, we are sole bankers
Not Applicable
 like D&B, wherever applicable
12. ROC Search report (Applicable for Not Applicable
companies)
13. CIBIL report of No adverse feature observed
concern/promoters/sister concern
14. CRILC report (Credit exposure of Not Applicable
Rs.5.00crore & above)
15. Online search of prior/multiple Not Applicable
registration in CERSAI/CIBIL Mortgage
Check, wherever applicable.
16. Reports as per as per IC 8731 Not Applicable
dt.04.08.2010 for
multiple/consortium banking
accounts, wherever applicable:
- Minimum Information to be
declared by borrowing entities to
Banks
- Diligence report
- Exchange of information among
all member banks (In case of
existing account)
17. Major Strength and weakness of the The proprietor is in the line of activity since
concern/promoters 2010 and earning profit continuously.
18. Obtaining applicable documents as Yes/No
per check list and scrutiny thereof.
19. Any other information/Observations Enjoying limits with the branch from 2020

(S.RAJENDRA PRASAD)
Name of Branch Manager
Senior Branch Manager
 Annexure-VII
DUE DILIGENCE REPORT OF GUARANTOR BY THE BRANCH
(Minimum Parameters to be covered)

S. Particulars Observations
No.
1. Interview with the applicant Interviewed the proprietor Mr. Kodamala
Stephen
2. Inspection of residence/office/factory Visited residence of the Gurantor
unit, as applicable
3. Inspection/Due diligence of Property/s Not Applicable
along with valuation/Legal Opinion
4. Market Information/Inquiries Not applicable
- Proper enquiries about the bona-
fides /antecedents of the
concern/ promoters
- Details of enquiries made should
include name of individual,
designation, concern, activity,
phone number etc.
5. Credit report of Concern/ Credit reports enclosed
promoters/guarantors
6. Name of the concern / List of defaulter’s (Non suit filed a/c’s) of
directors/promoters/group concerns Rs.1.00 cr and above as of June 2019: No
figure in RBI defaulters’ / caution List of willful defaulters (Non suit filed a/cs)
list / caution list of exporters / willful of Rs.25.00 laces and above as of June 2019:
defaulters /ECGC SAL List. If yes, No
furnish details (Date of the list should List of willful defaulters declared by our Bank
be mentioned) as of Jan 2020: No
List of defaulters (Suit filed): No
List of willful defaulters (Suit filed a/cs) of
Rs.25.00 lacs and above as of June 2019: No
CFR list dated 31.03.2019: No
Exporter Caution List: N.A.
7. Compliance of KYC norms Complied with, existing customer of the branch
since Mar 2020
8. Verification of statement of Accounts Yes
of other banks, wherever applicable
9. Audited Balance Sheets confirmed Not Allicable
from the Chartered Accountant who
have audited and certified the balance
sheet. (As per IC 9751 dt.28.11.2013)
10. Credit report from existing Bankers of Not Applicable, we are sole bankers
concern/sister concerns, wherever
applicable
11. Credit report from external agencies Not Applicable
like D&B, wherever applicable
12. ROC Search report (Applicable for Not Applicable
companies)
13. CIBIL report of No adverse feature observed
concern/promoters/sister concern
14. CRILC report (Credit exposure of Not Applicable
Rs.5.00crore & above)
15. Online search of prior/multiple Not Applicable
registration in CERSAI/CIBIL Mortgage
Check, wherever applicable.
16. Reports as per as per IC 8731 Not Applicable
dt.04.08.2010 for multiple/consortium
banking accounts, wherever
applicable:
 - Minimum Information to be
declared by borrowing entities to
Banks
- Diligence report
- Exchange of information among
all member banks (In case of
existing account)
17. Major Strength and weakness of the The proprietor is in the line of activity since
concern/promoters 2010 and earning profit continuously.
18. Obtaining applicable documents as per Yes/No
check list and scrutiny thereof.
19. Any other information/Observations Enjoying limits with the branch from 2020

(S.RAJENDRA PRASAD)
Name of Branch Manager
Senior Branch Manager