LFAR (For Large/ Irregular/ Critical Advance Accounts)

LFAR (For Large/ Irregular/ Critical Advance Accounts)
(To be obtained from the branch Management by the Branch Auditors of branches dealing in large advances/ asset recovery branches)

1. Name of the Borrower

2. Address

3. Constitution

4. Nature of business/ activity

5. Other units in the same group

6. Total exposure of the branch to the Group+

Fund Based (Rs. in lakhs) Non-Fund Based (Rs. in lakhs)

7. Name of Proprietor/ Partners/ Directors

8. Name of the Chief Executive, if any

9. Asset Classification by the Branch

(a) during the current year

(b) during the previous year

10. Asset Classification by the Branch Auditor

(a) during the current year

(b) during the previous year

11. Are there any adverse features pointed out in relation to asset classification by the Reserve Bank of India Inspection or any other audit.

12. Date on which the asset was first Classified as NPA (where applicable)

Facilities sanctioned:

Date of Sanction	Nature of facilities	Limit (Rs. in Lakhs)	Prime Security	Collateral Security	Margin %	Balance outstanding at the year-end
						Current Year	Previous Year

Provision made: Rs.________ lakhs

13. Whether the advance is a consortium advance or an advance made on multiple-bank basis.

14. If Consortium,-

(a) names of participating banks with their respective shares

(b) name of the Lead Bank in Consortium

15. If on multiple banking basis, names of other banks and evidence thereof.

16. Has the Branch classified the advance under the Credit Rating norms in accordance with the guidelines of the Controlling Authorities of the Bank.

17.

(a) Details of verification of primary security and evidence thereof;

(b) Details of valuation and evidence thereof

Date verified	Nature of Security	Value	Valued by
Insured for Rs. _______ lakhs (expiring on ________)

 

18. (a) Details of verification of collateral security and evidence thereof

(b) Details of valuation and evidence thereof

Date verified	Nature of Security	Value	Valued by
Insured for Rs. _______ lakhs (expiring on ________)

 

19. Give details of the Guarantee in respect of the advance

(a) Central Government Guarantee;

(b) State Government Guarantee;

(c) Bank Guarantee or Financial Institution Guarantee;

(d) Other Guarantee

Provide the date and value of the Guarantee in respect of the above.

20. Compliance with the terms and conditions of the sanction

Terms and Conditions	Compliance
(i) Primary Security a) Charge on primary security b) Mortgage of fixed assets c) Registration of charges with Registrar of Companies d) Insurance with date of validity of Policy
(ii) Collateral Security a) Charge on collateral security b) Mortgage of fixed assets c) Registration of charges with Registrar of Companies d) Insurance with date of validity of policy
(iii) Guarantees – Existence and execution of valid guarantees
(iv) Asset coverage to the branch based upon the arrangement (i.e., consortium or multiple-bank basis)
(v) Others: a) Submission of Stock Statements/ Quarterly Information Statements and other Information Statements b) Last inspection of the unit by the Branch officials: Give the date and details of errors/ omissions noticed c) In case of consortium advances, whether copies of documents executed by the company favouring the consortium are available. d) Any other area of non compliance with the terms and conditions of sanction

 

21. Key financial indicators for the last two years and projections for the current year (Rs. in lakhs)

Indicators	Audited year ended 31st March___	Audited year ended 31st March___	Estimates for year ended 31st March ___
Turnover
Increase in turnover % over previous year Profit before depreciation, interest and tax Less: Interest Net Cash Profit before tax Less: Depreciation Less: Tax Net Profit after Depreciation and Tax
Net Profit to Turnover Ratio
Capital (Paid-up)
Reserves
Net Worth
Turnover to Capital Employed Ratio (The term “Capital Employed” means the sum of Net Worth and Long Term Liabilities)
Current Ratio
Stock Turnover Ratio
Total Outstanding Liabilities/Total Net Worth Ratio
In case of listed companies, Market Value of Shares (a) High; (b) Low; and (c) Closing
Earnings Per Share
Whether the accounts were audited? If yes, upto what date; and are there any audit qualifications