Balance Maintenance
Balance Maintenance involves managing financial accounts and ensuring that the balances, bills, and debts associated with those accounts are properly maintained and reconciled.
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Bill balances such as commitment balance, principal or interest or charge amount of facility should be adjusted
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Perform the write off of all the balances and bills of a loan. Bank calls for the write off of a loan borrowed by a defaulter when the chances of loan recovery are almost zero and its assets are non-performing.
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Bill balances such as commitment balance, principal or interest or charge amount of facility should be adjusted
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Perform a write off of the balances and bills such as principal or interest or charge amount for the unpaid loans
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Perform a write off of the balances such as principal or interest or charge amount for the unpaid loans
Write Off Bills
PUTPerform a write off of the bills such as interest or charge amount for the unpaid loans
Secondary Loan Trading
Secondary Loan Trading involves the trade of syndicated loans in the secondary loan market. Below are the various service operations involved to create and maintain the various types of trade products.
Create a Trade
POSTCreate a trade for a syndicated loan as initially agreed upon between counterparties.
Accept Trade
POSTConfirm the trade when all the parties involved agreed the terms and conditions of the trade.
Update Trade
POSTUpdate additional details in trade.
Update Consent
POSTUpdate borrower consent for trade
Update Commitment
POSTUpdate the trade due to changes in commitment amount being traded.
Approve Trade
POSTFinalize the trade to verify all necessary details are available.
Show Pricing Letter
POSTIssue pricing letter to the counter party for a final settlement amount.
Calculate a Trade
POSTSettle the trade in bank books.
Cancel Trade
POSTCancel the trade in bank books.
Update Charges
PUTAmend charges already authorized in the trade
Fetch Charges
GETView all the charge details for a given trade.
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View all the trade products