Page 32 - Banking Fiannce March 2018

ARTICLE

try to improve the repayment period within the permissible
maximum repayment period making his DSCR to improve".
Since we are adding back the Depreciation a disguise for
repayment of Term Loan, we are exactly able to fix the
correct repayment period.

Conclusion:
As a smart credit processing officer who is dealing with term
loan appraisal, they have to take into account the above
finer points in their mind. The above steps are not one time
measure like processing of a term loan but a continuous
process till the term loan is fully repaid. Through this we
we have an unwritten rule in fixing the repayment. We confirm to the borrower that we are working smart not
have a golden rule, "When DSCR is high reduce the working hard. This makes him to work hard to meet the
repayment period as he is making more profits, if it is low commitments than to work smart by playing with figures.

FORM IV (SEE RULE 8)

1. Place Kolkata

2. Periodicity of Publication Monthly
3. Printer’s Name Satyajug Employees Co-operative Industrial
Society Ltd.
(Whether citizen of India?) Yes
(If foreigner, state the country of origin) No
Address 13, Prafulla Sarkar Street, Kolkata - 700 072

4. Publisher’s Name Sushil Kumar Agarwala
(Whether citizen of India?) Yes
(If foreigner, state the country of origin) No
5. Editor’s Name CA Rakesh Agarwal
(Whether citizen of India?) Yes
(If foreigner, state the country of origin) No
Address 25/1, Baranashi Ghosh Street, P.S. Girish Park,
Kolkata - 700 007
6. Name and address of individuals who own the Sushil Kumar Agarwala
newspaper and partners or shareholders holding Proprietor
more than one percent of the total capital 31/1,Sadananda Road, P.S. Kalighat, Kolkata - 700 026

$800m platform for affordable homes in the country

International Finance Corporation (IFC), member of the World Bank Group, is about to enter into a pact with PNB
Housing Finance to form a platform worth $800 milion, to support construction of environment-friendly affordable
homes. This is the second such platform to be formed by IFC after partnering with HDFC in November. The platform
set up with India's largest mortgage lender was also worth $800 million to support construction of affordable homes.
PNB Housing Finance will put up $400 million, from issue of Masala Bonds to match the amount provided and mobilised
by IFC, taking the total to $800 million.

32 | 2018 | MARCH | BANKING FINANCE