Credit Rating Agency Setup Policy Setup

Financial Institutions captures credit rating provided by external credit rating agencies ex. CRISIL,BRICKWORK etc as part of their credit appraisal memo. The list for such credit rating agencies can be maintained in CLOS under Credit rating agency setup.

View

After selecting Credit rating Agency Setup from the Credit Policy Management module, User will be shown the main screen where the following fields with data will be visible if a credit rating agency is already added or if a new credit rating agency to be added ,the below details are visible along with Add Credit Rating Agency button.

• Credit Rating Agency Code
• Credit Rating Agency Key
• Credit Rating Agency Name
• Status
• Action(Edit/Delete)

Add

To add a Credit Rating Agency, User will press the green “Add Credit Rating Agency” button on the right, after which they will be redirected to the main screen where the following fields need to be filled and clicked on save button. User can choose to cancel the adding the item by clicking on cancel button. User views a pop-up saying “Are you sure you want to cancel. All unsaved data gets discarded” with yes/no option.

Screen name	Field Name	Description	Mandatory/non mandatory	Field type
Add Credit Rating Agency Setup	Credit Rating Agency code	Code is auto generated by system. This code is currently a placeholder field, this can be used to link this record to matching record in any other third party or core system.	Mandatory	Auto-populated
	Credit Rating Agency key	key is auto generated by system. This key is used to link this record to another record in other admin screens.	Mandatory	Auto-populated
	Credit Rating Agency Name	This field is to mention the Credit Rating Agency name	Mandatory	Alphanumerical
	Credit Rating Agency Description	This is used to capture the description of Credit Rating Agency	Mandatory	Alphanumerical
	Status	Status is to mention if this is active or inactive. If this is marked as inactive, then it will not appear in the respective screens.	Mandatory	Dropdown

Edit

Clicking on the Edit icon (Action Column) as highlighted in the above screenshot will redirect the user to the screen where he/she can make changes to relevant Credit rating agency setup data and save the changes. User cannot edit code and key. User can choose to cancel the changes made by clicking on cancel button. User views a pop-up saying “Are you sure you want to cancel. All unsaved data gets discarded” with yes/no option. Code and key cannot be edited.

Delete

Clicking the Delete icon (Action Column) displays a pop-up confirmation if the user is sure about deleting the record.User can press “Yes” to continue or “No” to cancel.

Prerequisites Configuration

Screens to Configure (as Pre-requisite)	Screen name	Reflection in user panel	Reflection in admin screens
There is no prerequisite screen required for this screen’s configurations.	Credit Rating Agency Setup	Borrower information >Credit Rating-External	NA