Credit Analysis of the Banking Sector

Credit Analysis of Banking Sector curating upon the study of the defaulted Organizations IL&FS, DHFL and Yes Bank which has created a fiasco in the economy and has affected all the stake holders related to the organizations and the economy. Non-availability of data related to the organizations credit analysis and non-payment and disclosures under the IND-AS and Companies Act. The poor management and faulty disclosures or non-disclosures of various parameters led to the default of the system. Mis-Management of the Directors and the inter-relatedness of the organizations with respect to their loan books and credit systems have led to the default. The Fundamental Analysis has been widely used and references to annual reports have been of immense help. The default has caused a set back and will take back time to gain confidence towards NBFC's and Private Banks.