Tejas Parulekar

Founder

Relationship Manager for Large Indian Corporates, West Region.

Relationship Manager for Large corporates, Corporate Banking Group. Handled a diverse portfolio across shipping, offshore, NBFC, manufacturing industries. - Managing relationship for large corporates with responsibility of meeting Net Interest Income, fee targets, and liability sourcing. - Advising on financial structures and products; including trade products, debt products (ECB, rupee loans, syndication deals, working capital), structured products, and cash management services. - Piloting business proposals with assistance of credit managers and associate relationship managers to ensure timely delivery of credit and efficient client servicing. - Cross selling from an array of products offered by the ICICI group.

Managing stress accounts of approx. Rs. 4.75 billion with primary responsibility of reducing the asset size and improving the credit quality of these assets across various industries. - Negotiated for settlement of debt by way of assignment of debt, settlements & legal route - Structured and implemented financial debt restructuring schemes to improve credit quality of stress cases through the CDR mechanism and on individual lender level. - Carried out sale of NPAs to asset reconstruction companies (ARC). This involved negotiating with the ARCs to extract maximum value and minimizing the impact on banks profitability.

- Credit appraisal for companies seeking financial assistance. - Post sanction legal documentation and monitoring the quality of assets.

Compliance and advisory services to Foreign Institutional Investors (FIIs), expatriates and corporate clients including tax computations, representing for assessments proceedings, preparation of return of income