CRISIL Executive Training

Certificate Programme on Working Capital Appraisal and Monitoring

Mumbai: September 14-16, 2017

The programme will help the participants

● Get an overview of credit risk and understand the basic credit concepts including jargons

● Understand various appraisals like borrower appraisal, technical appraisal, economic appraisal, etc.

● Learn in detail about the working capital cycle and the determinants of working capital finance

● Learn various types of working capital assessment methods and to apply the same to different borrowers

● Understand the basic concepts of Financial Statements like P&L, B/S, Cash and Funds Flow

● Understand the credit appraisal process for working capital finance

● Build knowledge of the cash credit system and supply chain financing

● Understand the CMA format as per RBI guidelines

● Understand the importance of Monitoring Borrower Accounts and adopt necessary follow up mechanism

The programme will benefit

● Credit Officers / Risk Officers / Relationship Managers / Managers at Banks and NBFCs

● Finance and Accounts Officials from Large Corporates

‘’A very informative programme ‘’A good programme which highlights the
indeed which has definitely improved practicality rather than bookish/ traditional
my skill in assessment of working method of lending’’ –Senior Credit Analyst,
capital’’ – Executive, J&K Bank IndusInd Bank

“Content of the programme is designed to have useful

practical applications” –Relationship Manager, IndusInd Bank

There will be Pre and Post Tests in the course. In addition, at the end of each day of the program there will be a case study and
the participants will be independently evaluated on the basis of their performance in the case study responses.

Certificate of successful completion will be awarded to those participants who clear the pre and post-tests, acquit
themselves creditably in the case study presentations and display their sincerity and involvement in the overall
training program.

Pre requisites: Participants are expected to have a fundamental awareness/ knowledge on components of P&L Account
and Balance Sheet as otherwise comprehending CMA and appraisal methodologies will be difficult and time consuming for
them.
Duration 3 days

Course Structure
DAY 1

Pre Test on Working Capital Assessment

Session 1: Credit Appraisal – Non Financial Aspects

● Credit Appraisal – Fundamental aspects

● Industry specific issues

● Few Industry examples for discussions

● Impact on working capital assessment resulting from changes in economy

Session 2: Analysing Working Capital requirements

● Risk analysis in working capital – Inventory and receivables

● Company specific issues on working capital requirements

● Working capital management and financial performance

Session 3: CMA Format – Financial Statements and Assessment of Working Capital – CMA Forms I to III
● Discussion on CMA format as per RBI guidelines (Form I to VI)

● Financial Statements of corporate

● Profit & Loss, Balance Sheet, Current Assets and Liabilities

Session 4: CMA Format – Working Capital Assessment - Funded

● Form IV and Form V – Discussions
● Case Study on Financial Statements and CMA

DAY 2

Session 1: Understanding components of Working Capital

● Need for optimization of working Capital

● Gross vs. Net working capital and WC Gap

● Inventory vs. receivables

● Working capital cycle and funding of WC – Sources and Uses

Assessment methods – MPBF calculation, differences, applicability, etc.

● Factors impacting Gross working capital – Optimisation and rationalisation

● Detailed – First and Second method of lending

● Detailed – Turnover / Cash Budget methods

Session 2: Assessment of Working Capital – Non Funded Limits i.e. in the form of LCs and Guarantees
● Sight / Usance Elcees

● Inland vs. Import

● Standby Elcees
Classification: EXTERNAL
 ● Guarantees

● Fund based vs. Non fund based working capital limits

Session 3 & 4: Case Study on Working Capital Assessment both Funded and Non-Funded

DAY 3

Session 1: Exercise on Working Capital Assessment – Fund Based and Non-Fund based
● Short exercises

Session 2: Cash Flow Analysis and Working Capital Management

● How cash flows can be managed to improve WC management

● Understanding key cash flow drivers

● Monitoring bottlenecks and other blockages in cash flows

● Structuring of WC limits to improve cash flows

Session 3: Monitoring of Working Capital Limits

● Need for monitoring working capital finance in banks

● Methods to monitor performance of borrowers including liquidity

● Monitoring tools

Session 4: Q&A- Answering specific queries of participants

Post Programme: MCQ Test

Note: Participants will be required to work on their laptop during Day 2 & 3.

Programme Details
Venue: CRISIL House, Central Avenue Road, Hiranandani Business Park, Powai, Mumbai 400 076.

Date: September 14-16, 2017

Timings: 09:30 am to 05:30 pm

Fees: Rs.35,000/- plus applicable service tax (non-residential)

The fees include lunch and refreshments for the duration of the training.

Early Bird Discount of 10% if you register on or before August 24, 2017.

Cancellation Policy: CRISIL reserves the right to retain 25% of the fees, for any cancellations less than one week prior to the
training programme and 50% of the fees in case of non-attendance. CRISIL reserves the right to accept or reject nominations at
its sole discretion.

CRISIL reserves the right to reschedule/ cancel the programme at any point of time based on the circumstances.

Classification: EXTERNAL
 To register for the programme, contact
Gloria D’silva/ Pema Bhutia

on 022 3342 3199/ 3237

Email – gloria.dsilva@crisil.com/ pema.bhutia@crisil.com

Payment Instructions
● Please pay by Cheque/ Demand Draft drawn in favour of “CRISIL Limited” and send it to Gloria D’silva, CRISIL House,
Central Avenue Road, Hiranandani Business Park, Powai, Mumbai 400 076.

● Payment can also be made via NEFT. Please share the details of the payment made, to the above given email ids.

Some of the organisations who have nominated for this programme in the past include
 Adani Enterprises Limited  Mahindra and Mahindra Financial Services Ltd.
 Aditya Birla Finance Limited  MB Capital Advisors Private Limited
 Axis Bank Limited  Mizuho Bank Limited
 Bajaj Finance Limited  Mytrah Vayu Indravathi Private Limited
 BC Management Services Private Limited  Netafim Agricultural Financing Agency Pvt. Ltd.
 BNP Paribas Bank  Noble Natural Resources India Pvt. Ltd.
 BR Life  Pinarch Financial Services
 DBS Bank  Piramal Corporate Services Limited
 DCB Bank Limited  Power Finance Corporation Limited
 Dedicated Freight Corridor Corporation of India Ltd.  RBL Bank Limited
 Delhi Aviation Services Private Limited  Saurashtra Cement Limited
 Deutsche Bank A. G.  SBI Capital Markets
 Electronica Finance Limited  SCOPE T & M Private Limited
 Export Import Bank of India  Shubham Civil Projects Private Limited
 Federal Bank Limited  Small Industries Development Bank of India
 Flipkart Internet Private Limited  SMS Infrastructure Limited
 Gujarat State Petroleum Corporation Limited  Societe Generale
 HDFC Bank Limited  SREI Equipment Finance Private Limited
 Hindustan Coca-Cola Beverages Pvt. Ltd.  State Bank of India
 ICICI Bank Limited  State Bank of Mysore
 IDBI Capital Market Services Limited  Sterlite Technologies Limited
 IL&FS Financial Services Limited  Tata Capital Financial Services Limited
 Indian Railway Finance Corporation Limited  The Bank of Nova Scotia
 IndusInd Bank Limited  The Bank of Tokyo-Mitsubishi UFJ, Limited
 Infrastructure Advisors Private Limited  The Jammu and Kashmir Bank Limited
 ING Vysya Bank Limited  The Karur Vysya Bank Limited
 JR Laddha Financial Services (P) Limited  The Shamrao Vithal Co-Op. Bank Limited
 L&T Finance Limited  Yes Bank Limited
 Mahindra & Mahindra Limited

Note: The instructors are independent consultants who conduct the training on behalf of CRISIL Executive Training and as
such, their views do not necessarily reflect the view of CRISIL Ltd.

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CRISIL Limited: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai – 400076. India
Phone: + 91 22 3342 3000 | Fax: + 91 22 3342 3001 | www.crisil.com