2. General Notion about banker
Bankers are good at First Impression
Shows Red flag at the time of loan applications submitted
Don’t Help In needs
Delays decision
Exorbitant charges and Rate of interests
Very Harsh In problem situation
Simply eats profit
3. What are banks
They are trustees of depositors funds
Needs to more cautious
To render investors undoubted confidence
Are therefore more precautions oriented though in risk
business
Wants lesser defaults to smooth the business operations
Profit comes only from good credit and investments
decisions
4. What banker needs for a loan proposal
To know business owners/ owner
To know about the business under consideration
To understand existing financial position, and evaluate
To know where the money is to be used
To get the assessment about the loan amount and the
security requirement
To monitor transactions
The repayment smoothness
5. Entrepreneurs/ businessmen/
businesswomen's requirements
Easy access to loan, preferably without collaterals
Shortest time to receive money
Should rely on past performance or projections
report
Should give all requirements at one time
We are technocrats we are not bothered of
financial technicalities
6. Why there is no matching? of both side
requirements?
All required information not submitted at a time and not asked at a time
Financial shortcomings
Strategic decisions
To keep low capital and format of unsecured loans
Tax aversion
Entry method making accounting vulnerable
Cash sales encouraging
Low profit concept
Mixing individual and business needs
Operational indiscipline
Enthusiastic business decisions
7. What businessman/ women needs
Financial advisor as a CA not tax advisor
Pay tax policy and 'make in india' incrementation
Research methodologies
price and product reinventing
Investment strategy for business and self
Creating financial discipline as a thumb rule
revisiting policies of business to contemporary times
Very Important is how much loan?
8. Thank you for giving me opportunity to
be with you to discuss my views on the
needs from banker for loan and need of
financial planning to your own
businesses.
