Lecture 82: Opening of Current account with other Banks- RBI Guidelines (In Hindi)

[@mukulgoyal7390]

I think one more point that needs to be covered here is that the borrower can open a current account with any one lender whose exposure is more then 10%.....which means if 2 or more than 2 lenders have exposure more than 10% then also only one bank can open the current account....not all banks can open current account.

[@AnkushJain]

Yeah mukul thanks for valuable addition

[@SourabhBhomia-ut7ge]

22:21 22:30 😮😅

[@caaditkumar7450]

Superb video sir

[@AnkushJain]

Thank you

[@amanbhardwaj1000]

Sir ji you are amazing....

[@AnkushJain]

Thank you

[@kamalkumar-qo3uc]

Good job sir..

[@AnkushJain]

Thank you 😊

[@anchalbhalla9037]

Plz do video on senstivity analysis

[@AnkushJain]

I will look into. But let me complete some existing topics first

[@RakeshSingh-il3hz]

What all things to look after and the manner for the same like what and how to verify in stock in and out register, purchase register, sales register, receivables register and comparison of same with stock and BD statement, invoices, insurance and other due diligences

[@AnkushJain]

Hi Rakesh, in credit underwriting- we don't do verification of that much details that you have mentioned above. I think it's more of Audit part/area than credit assessments of banks

[@laddugargvlog1301]

Facility wise terms and conditions pr video bna dijiye

[@AnkushJain]

Ok

[@RakeshSingh-il3hz]

Sir, Prepare one video on pre & post Inspections to be conducted in Borrowal accounts

[@AnkushJain]

Hi Rakesh, can you elaborate what exactly you are looking for

[@AnkushJain]

Hi Rakesh, can you elaborate what exactly you are looking for

[@amanbhardwaj1000]

Thanks!

[@AnkushJain]

Your welcome 👍

[@ramugehlot1274]

Thank you❤❤❤🌹

[@AnkushJain]

Your welcome

[@arnabganguly5634]

Sir have you prepared any videos on retail credit. Actually i want to enhance my knowledge on retail credit.

[@AnkushJain]

kzbin.info/aero/PLjlclsu02a_w8vi8Hh-aSck_FD8c9QnBy&si=E3pmI8U3MIpoT7dG Check this

[@arnabganguly5634]

Sir actually if there were detailed videos on different types of retail loans seperately it would have been better.

[@AnkushJain]

Ok

[@reetikajaglan2079]

Sir, Retail loan Ka bi overview de sir thoda kya kya krna chahiye.. Retail loan ke liye.. please

[@AnkushJain]

Yes sure 👍

[@udaykumar-jl4rn]

sir apne jo working capital gap ka jo calculation btaya hai usme current assets aur aur current liab kiska lenge actual balance sheet ,estimated balance sheet ya projected balance sheet. please confusion dur kare jisse ki hum mpbf nikal sake

[@AnkushJain]

Hi uday. Calculations har saal ki kri jayegi. Even for 2023 and 2024 while making projections. Usually MPBF 2023 k projected results pe fit bethna chahiye. Baaki bank to bank internal guidelines pe depend krta hai

[@gunjanchopra1423]

Sir, what are the instances/circumstances when an entity routes all of its transactions from current account rather than limit account of same bank? And is it a good indicator or a bad indicator?

[@AnkushJain]

If routing is in current account of same bank then it is not an issue as long as client is timely serving the interest in the limit account and does not let account fall under out of order category.

[@MONUKUMAR-xu7xg]

@@AnkushJain Notes but is there any specific reason why Borrower would prefer to route all majority of transactions from current account of the same Bank rather than doing it from limit account.

[@AnkushJain]

Few instances that I came across in my career: 1. Borrower having two units/branches and in order to track the workings, borrower does transaction of one unit in limit and other unit in current account 2. Some borrower usually utilise limit only when they have to. Thus in order to have better control over limit utilisation, borrower does transaction in current account 3. Borrower was already holding current account and took limit later on. Thus only current account was updated with buyer and suppliers. Therefore borrower kept on using it. There could be other circumstances as well. Above are the cases which I have seen in my career

[@Shivanshandabhinava]

Great Sir...

[@AnkushJain]

Thank you

[@bankingworld2391]

Kindly make one video on consortium account od,cc or loan provide to an entity by group of bank

[@AnkushJain]

Ok will look into it

[@bankingworld2391]

@@AnkushJain awating will look forward

[@AnkushJain]

Ok 👍

[@shivangimidha68]

Is derivative limit included in total banking exposure ?

[@AnkushJain]

All fund based and non fund based credit facilities sanctioned by the banks and carried in their Indian books shall be included in total exposure.

[@rahulmahato6263]

Can I open 2 current account in different bank

[@AnkushJain]

Yes subject to compliance as mentioned in the video

[@MONUKUMAR-xu7xg]

Hii Ankush, Request to answer would Aggregate Banking Exposure here would include Cash Backed Limits as well. Facts of my case- Borrower is enjoying CC of 250 Lakhs with PNB and Borrower is having one PNB CC Limit Account, one PNB Current Account, One Axis Bank Current Account (Escrow Account) and One Current Account with our Bank. Please note he is also enjoying 100% Cash Backed BG of 220 Lakhs with Axis Bank which will keep on continuing. Now Borrower has approached our Bank for takeover cum enhancement in CC at 495 Lakhs. Can Borrower continue this PNB Limit and PNB Current Account and Axis Bank Current Account. Borrower is asking 495 lakhs just because he want to continue all accounts. Please advise.

[@MONUKUMAR-xu7xg]

Please advise

[@AnkushJain]

Hi monu, couldn't get if the cc from PNB is takenover by your bank then there will not be any exposure left with PNB. Then how can he continue current account in PNB?

[@MONUKUMAR-xu7xg]

@@AnkushJain Borrower is asking CC Limit of 495 Lakhs (less than 5 Crore) in the case Just to take benefit of continuing All current accounts. I want to know whether case backed BG running with Axis for 220 lakhs will be counted if yes than aggregate Banking Exposure would be more than 500 Lakhs and He would not be able to continue PNB Account (CC and CA both) I think Axis Bank can be continued since it's Escrow account as well. Further with respect to your query, He wants to continue the PNB Account, no specific reason with me except the fact that he is asking CC less than 5 Crore with our Bank and may be PNB is old Banker or any other reason which is not in my knowledge.

[@AnkushJain]

Axis BG shall be counted in the exposure. Accordingly his exposure shall be more than 5 crores

[@MONUKUMAR-xu7xg]

@@AnkushJain Okay thanks, so the conclusion is Borrower can continue Axis Bank CA (Escrow Account) and also it is enjoying BH exposure of 220 Lakhs which is more than 10% of Total Banking Exposure in this case) but it will require to close PNB CC and Current Account both. However if we want to continue one PNB Account only because of Tax payments or ESI/PF etc then it can continue but only one PNB Account can be continued. I hope I am correct In above

[@ratz.gameplay]

kabhi kabhi.. Lagta hai mai CA ban jaunga apki videos dekh kr😂😂!!

[@AnkushJain]

😂😂