IDBI Bank Ltd

MCG-Nariman Point (SOL:1001)

Ambit Finvest Pvt. Ltd. (AFPL)

Checklist for submitting proposal to Risk Management Department for credit rating

1 Memorandum along with recommendation by RH/CGM in prescribed format enclosed. Yes

2 Reply to last rating concern and latest rating report is attached Yes
3 Rating Fact sheet as per stipulated format duly signed by Level I enclosed. Yes
4 Latest annual report (in case of new relationship, last 2 years annual report.) (Complete Yes
set with schedules, auditor's report, notes to accounts etc.) enclosed.
5 Yearly UHFCE certificate signed by statutory auditor and the UHFCE certificate for the Yes
latest quarter is enclosed
6 RAROC sheet finalized at branch level (Input and output sheet) attached. Yes
7 QASM duly checked by DGM/BH/CSC Head attached/sent through e-mail Yes
8 Status of CRILIC report of borrower/group co updated in DAN Yes
9 Loan status (Proposed, Sanctioned, Availed, Withdrawn, Rejected, Restructured, NPA, Yes
Default loss, Closed etc.) updated in Company Master in IRAM on DD/MM/YYYY
10 Latest external rating is updated in factsheet 1 in IRAM and in Finacle. Yes
11 Level II IRAM rating closed on DD/MM/YYYY Yes
Appropriate selection of model in IRAM is based on the turnover & activity [LC, LT, Yes
a) SM, ST, SS etc.) and proposed facilities (Company with project, Green-field etc., if
applicable) has been made.
b) Appropriate choice of industry selected considering the nature of business of the Yes
borrower
c) Proper justification/explanation/reasoning provided in IRAM system for all the Yes
parameters.
d) Whether the Compliance of Knockoff criteria for new and existing cases is given as per NA
circular ref no. IDBI Bank/2020-21/329/RBG/PSG/145 dated Oct 1, 2020
e) Confirmation that overall rating is in line with circular No. IDBI Yes
BANK/2014-15/385/CC/RMD-82 dt. Oct. 16,2014
f) Level I and Level II is carried out by Delegated Authority as per RMD circular No. IDBI Yes
BANK/2017-18/583/CC/RMD-172 dt. March 07, 2018
12 Financial Input sheet
a) The Input sheet/CMA has been prepared based on Balance sheet and Profit & loss Yes
account downloaded from MCA site in line with internal circular dt. April 25, 2018.
b) Row No. 191 filled up correctly. NA
(NBFC)
c) Classification of current assets and current liabilities in input sheet is in line with Yes
guidance provided in working capital manual.
d) Only Instruments which are interest free and subordinated to Bank’s loan are considered NA
as part of Net worth.
13 In case of project loans NA
Detailed computation of Project ratios NA
a) (IRR, DER, Breakeven point, Avg. DSCR and sensitivity on DSCR) used for scoring
project financial risk checked.
b) Detailed assumptions underlying the profitability projections provided. NA
c) For review of loans of project under implementation, revised projections are provided. NA
d) Whether details of SCOD extension if any provided (Date wise). NA
14 Branch comments on concerns expressed in the earlier rating report, enclosed. Yes
15 Facility Rating: Yes
All facilities availed/proposed to be availed by borrower are rated.
Particulars of (i) IDBI Bank’s facilities and Securities available along with values, for
each of the facilities and (ii) Security Charged against facilities from other Banks and the
outstanding thereof is provided.

(DGM & BH)