2.10.1.10 Restructuring Amendment Details
Use Restructuring Amendment Details screen to capture the financial amendment details for restructuring.
This data segment is required to capture only if the Restructuring type is selected as 'Amendment' and Amendment type as 'Financial'. In case of non-financial amendment like schedule, linkages, settlement details, and so on., or financial amendments like Interest details, payment schedules, and so on you can modify the details in the respective data segments once the details are fetched from OBCL. Based on the Loan contract reference no captured as part of 'Restructuring Entry Details' data segment, the corresponding Loan details, Interest details and Schedule details are fetched from OBCL and populated in the respective data segments. In addition following details are amended as part of this data segment.
- In the Loan Origination , click Value Dated
Amendment tab and provide the required details.
Figure 2-22 Restructuring Amendment Details
Table 2-18 Value Dated Amendment - Field Description
Field Description Amendment Date Select the Amendment date. System will populate the current system date. Currency Select a currency from the drop-down list. New Loan Amount Enter the change in principal amount. This field will refer the additional disbursement of Principal. New Maturity Type Select the maturity type (Fixed/Call) of the amended loan. New Maturity Date Select the new maturity date of the loan from the drop-down calendar. Amendment Remarks Enter additional information about the value dated amendment. Schedule Redefinition Select the redefinition basis as LIFO (or) Pro-rate. Note:
The captured details along with other amendments specified in respective data segments will be handed off to OBCL as part of VAMI service - for value dated amendment and CAMD service - for contract amendment.
Parent topic: Cash Flow