Lender Assurance

The problem of Non-Performing Assets (NPAs) in the Indian lending sector remains acute and the proportion of bad loans has been rising over the years. Recent times have exposed bankrupt businessmen, defaulters, frauds and scams questioning the very basis of loan disbursements and possibility of recoveries. As banks take significant haircuts in large NPA accounts, the whole ecosystem of lending right from disbursement to recovery is going through an intensive phase of scrutiny.

Combining the expertise and efficiency of a highly skilled team of professionals, we at BDO in India provide a gamut of lender assurance services to banks and other lending institutions. Our forensic services are designed to maintain the required checks and balances in the lending cycle from pre-disbursement, post-disbursement, stress, and recovery.

Pre-lending Due-diligence: We assist lenders in taking informed decisions by furnishing relevant information about the financial and reputational integrity of borrowers and the key managerial personnel.

Forensic Audits: Our forensic audit services are designed to assist lenders in proactively identifying any incidents of fraud or willful defaults in their loan portfolio.

Insolvency/ Liquidation Support Services: We provide customised services to Insolvency Resolution Professionals and the Committee of Creditors to assist them in the procedures of the IBC 2016

Agency for Specialised Monitoring: We assist banks in continuous post sanction monitoring cash flows in loan accounts of companies and/or projects. Our professionals have domain knowledge, experience and skills in different sectors and industries.

Asset Tracing: We assist in identifying undisclosed assets primarily through leads identified by analysis of accounting records/bank account statements and public domain searches.

Bank Guarantee Audits: Our audits help banks to assess their risk involved in Bank Guarantee (BG) extended along with the progress of the project.