FORM -2
Staff Accountability Report in respect of NPA accounts above Rs. 10 Lac upto
1Crore as on date of NPA (for overseas Branches equivalent amount in
foreign currency) and also for Standard Accounts. ( The format is applicable to
both the domestic and overseas matters)
Ref. No.: MM/ADV/SAR/7311-137 Date:09.08.2023
Name of the Branch: Mandir Marg
Name of the Zone/Centre: New Delhi
Name of NBG: NBG Delhi
Date of Entry in HSAR Menu (Screen shot to be attached- Applicable for domestic
branches):
Part A- Borrower’s Profile. (please write ‘NA’ wherever not applicable)
1. Brief History of the Account:-
(Rs. in lakhs)
Executive Summary
2a Name M/s Kumar Collection
b Cust ID/CIF/Identification No. 199014588
Account No. 605273110000137
PAN/TAN No. ANYPK6884F
Aadhar No. 972276989100
c Constitution Proprietor
Individual / Proprietorship / Partnership /
Company / Trust / Others
Address: B-725 sainik colony Sector-49 Faridabad,
Haryana
i) Residential / Regd. office
D-6/16 Krishna Nagar round Floor Lal Quarter
Market, New Delhi
a Established in / Date of Incorporation. 2017
Classification: Internal
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b Name of Promoters/ Partners/ Directors/ Anu Kumari
Co-Borrowers
d PAN No of ANYPK6884F
Promoters/Partners/Directors/ Co-
Borrowers
e Group affiliation, if any NA
f Banking Arrangement. NA
(If consortium/MBA names of other
banks with status of the account and
sharing pattern & outstanding / Total
Dues)
3 a Nature of business, goods Retail trading of readymade garments
manufactured, dealing in etc.
(Activity Segment/ Industry )
4 Advance since 10.08.2020
a Original sanction : Name & Authority: Branch Manager
Date : 10.08.2020
b Original limits Fund Non-fund Total
Based based
9.90 0.00 9.90
c Last sanction Name & Authority :New Account
(Last Comprehensive Review) Date :
d Limits last Outstanding
sanctioned/enhanced/reduced
Facility Limit DP As on NPA Present Overdue
date
i) Mudra Term Loan 9.90 10.53 10.24 10.53
ii)
iii)
iv)
v)
Total 9.90 10.53 10.24 10.53
e IRAC Status as on date of Staff Standard/Sub- Standard/Doubtful/Loss/ Written
Accountability off /---- sub Standard
i Date of Initial reporting as SMA and Letter for overdue reminder sent on
action taken 29.10.2022
ii If, NPA - Date of NPA and action taken 29.12.2022
subsequently.
iii If written off, mention date of write off No
Classification: Internal
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iv Whether it is a case of quick mortality. Yes/No
f Provision held as on 31.07.2023 Rs 1028456/-
g Uncharged interest as on 31.07.2023 Rs 78520/-
h Exposure to other group borrowers Name of the account
S/L-
Present O/S-.
Asset Code:
Remarks: If NPA, Status of SAR, Recovery
action if any initiated
5 Security (in brief) with value / Date of latest valuation/Name of the valuer
The basis for value of security to be mentioned.
Description Basis / Date of Tot Our Share
Valuation al
Val
ue
Principal : Hyp of stock at shop 10.08.2020 9.9
0L
acs 100%
Collateral :
Covered under CGFMU
TOTAL (Principal + Collateral) 9.9
0
Collateral Coverage %
6 Guarantor/s Name & Address Worth Basis of worth
Part B – EWS, Reasons for NPA and other details
7 Early Warning Signals and the steps taken by the Branch: Yes borrower was sent
oral and written reminders through telephone and speed post.
8 Reasons for account turning NPA: Non maintenance of Financial discipline
9 Quick Mortality:-Not applicable
10 Number of accounts slipped in the Branch during the relevant FY :- 21 Accounts
slipped to NPA amounting Rs 167.74 Lacs in FY 2022-23.
Classification: Internal
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11 Past record of the concerned officials of the Branch who have dealt with the
account ( Please see para A-1 of SOP):- As per SOR vide Ref no HO:I&A:2022-
23:SOR:Northern ZAO 993 to 1032 were issued in 40 Accounts of Mandir Marg Branch, As per
email dt 06.01.2023 from Vigilance Unit, New Delhi forwarded by Inspection and Audit Department
it has been advised that after getting approval from Head Office Vigilance Department, Vigilance
Investigation has been allotted in the 40 accounts which is under process.
12 Whether the branch has submitted Status report/Action Taken Report (ATR) on
quarter to quarter. Provide brief details. Not applicable as credit facility is below
Rs 5.00 cr
13 Any other vital information as per SOP :As per SOR vide Ref no HO:I&A:2022-
23:SOR:Northern ZAO 993 to 1032 were issued in 40 Accounts of Mandir Marg Branch, As per
email dt 06.01.2023 from Vigilance Unit, New Delhi forwarded by Inspection and Audit Department
it has been advised that after getting approval from Head Office Vigilance Department, Vigilance
Investigation has been allotted in the 40 accounts which is under process.
Part C – Internal Controls/Inspection& Audit Reports
14 During 4 years preceding the date of NPA:-
[ In this para Please provide specifically the observations of the auditors and
inspecting officials both in operational and nonoperational including observations
on credit monitoring aspects such as :-
A. Operational Matters :-
Audit observations with respect to out of order position nonpayment of
interest/loan installments, non-submission of stock statements. , return of
cheques on financial grounds, devolvement of LC, review, Cibil, CBD23 etc
Reply:- As per SOR vide Ref no HO:I&A:2022-23:SOR:Northern ZAO 993 to 1032 were
issued in 40 Accounts of Mandir Marg Branch, As per email dt 06.01.2023 from Vigilance
Unit, New Delhi forwarded by Inspection and Audit Department it has been advised that
after getting approval from Head Office Vigilance Department, Vigilance Investigation has
been allotted in the 40 accounts which is under process.
B. Other matters
Audit observations with respect to
a. Noncompliance Bank’s laid down policies/regulatory compliances with
regard to sanction/CPA/PSRS
b. Non adherence of delegation of powers
c. Comments of credit appraisal/assessment of limit
d. Documentation (deficiency in creation of security interest, execution,
registration of charges etc.)
e. Comments on credit rating, due diligence etc.
f. Irregularities with respect to CGTMSE/ECGC/CGFMU etc
g. Noncompliance of sanctioned terms
h. Credit monitoring aspects
i. Comments on frequent over limit,
j. Comments on action taken if any, on serious irregularities pointed out in the
audit report, RBI report, statutory /concurrent audit etc.]
Classification: Internal
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Reply:- SOR vide Ref no HO:I&A:2022-23:SOR:Northern ZAO 993 to 1032 were issued
in 40 Accounts of Mandir Marg Branch, As per email dt 06.01.2023 from Vigilance Unit,
New Delhi forwarded by Inspection and Audit Department it has been advised that after
getting approval from Head Office Vigilance Department, Vigilance Investigation has been
allotted in the 40 accounts which is under process.
a. RBIA
Report Auditor’s Whether Date of Authorit Rem
observati the Closure y of arks
ons/irregu irregulari of RBIA closure
larties in ties of RBIA
the rectified
account ? Y/N
Mentioned N 07.03.2023 DGM, NZAO
1 RBIA bellow
Report Dt….
2 RBIA
Report Dt….
3 RBIA
Report Dt….
4 RBIA
Report Dt….
SOR vide Ref no HO:I&A:2022-
Any other relevant information : 23:SOR:Northern ZAO 993 to 1032
were issued in 40 Accounts of Mandir
Marg Branch, As per email dt
06.01.2023 from Vigilance Unit, New
Delhi forwarded by Inspection and
Audit Department it has been advised
that after getting approval from Head
Office Vigilance Department,
Vigilance Investigation has been
allotted in the 40 accounts which is
under process.
Name of Account SR Particulars of Grave and serious Compliance
N Irregularities
O
M/s Kumar collection 1 PRE INSPECTION NOT ON RECORD
A/C NO 2 PROPSOAL NOT ON RECORD
605273110000137
4 BILLS NOT AVAILABLE
5 POST INSPECTION REGARDING END USE
OF FUNDS NOT ON RECORD
6 DISB AMOUNT TRANSFERRED TO
ANOTHER A/C KUMAR COLLECTION
2011-190
7 BUSINESS PROOF NOT ON RECORD
b. Concurrent Audit :- Not Applicable
i. Whether the branch is covered under concurrent Audit? No
ii. If yes, the observations of the concurrent auditor with respect to the account
Classification: Internal
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during the 4 years preceding to the date of NPA…..
iii. Whether the irregularities rectified? Y/N, If no reasons for the same and brief
descriptions of the irregularities.
iv. Date of closure of concurrent Audit Report/Authority
c. Details of all other audits, inspections, flash reports, Special reports
during the period of 4 years preceding to date of NPA.
. (Provide full particulars such as date of report, irregularities/observations in the
report, whether complied/rectified, date of closure of report and authority, if not
closed reasons for the same.)
d. Fraud/RFA details
(please provide brief details if any fraud, RFA, vigilance inquiry if any in the
account):- As per SOR vide Ref no HO:I&A:2022-23:SOR:Northern ZAO 993 to 1032 were
issued in 40 Accounts of Mandir Marg Branch, As per email dt 06.01.2023 from Vigilance
Unit, New Delhi forwarded by Inspection and Audit Department it has been advised that after
getting approval from Head Office Vigilance Department, Vigilance Investigation has been
allotted in the 40 accounts which is under process
e. CPA:- Not Applicable
i. Whether CPA is applicable? If yes, please provide the following details.
a. The date of closure of CPA 2 & Authority.
b. Date of closure of CPA 3 & Authority.
c. Whether the closure of CPA 2 and 3 were conditional? If yes,
details of conditions stipulated and compliance thereof.
d. If CPA is not closed reasons for the same.
15 PART- D
Past record of the concerned officials of the Branch who have dealt with the
account:-
As per SOR vide Ref no HO:I&A:2022-23:SOR:Northern ZAO 993 to 1032 were issued in 40
Accounts of Mandir Marg Branch, As per email dt 06.01.2023 from Vigilance Unit, New Delhi
forwarded by Inspection and Audit Department it has been advised that after getting approval from
Head Office Vigilance Department, Vigilance Investigation has been allotted in the 40 accounts
which is under process
16 PART E
No. of accounts slipped to NPA in the branch
21 Accounts slipped to NPA amounting Rs 167.74 Lacs in FY 2022-23.
17. COMMENTS/RECOMMENDATIONS
Branch Comment: - The borrower was engaged in business of trading ready made
garments, but during the COVID-19 pandemic his economic situation became
Classification: Internal
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unstable and account was restructured but he was not able to maintain the financial
discipline, hence account turned as NPA on 25.12.2022. Branch has issued recall
notice in the account dt 10.01.2023 and is following up with the customer for early
repayment or settlement of the account. The mediation application is also filed in the
loan account by advocate Dr Sumit Kumar dt 15.05.2023.
18. Delegation:- The account was last sanctioned by Branch Manager dated
10.08.2020 As per the extant guidelines (Br. Cir No…………… dated …………..), the
delegated authority for examination of SAR in the instant account falls within the
delegated Authority of ZLCC.
RECOMMENDED
Sunil Rana Nishant Arya
Credit In charge Sr Branch Manager
Classification: Internal
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