Nisha Devnani

Chartered Accountant and seasoned Credit Analyst with 10+ years of experience in corporate credit appraisal, risk assessment, and banking operations at Bank of Maharashtra. Proven track record of managing a loan portfolio of ₹450 crore, leading cross-functional teams, and handling high-stakes credit decisions up to ₹3 crore. Adept at financial statement analysis, working capital assessment, and maintaining compliance with RBI regulations.

Combines deep domain expertise with strong leadership and client relationship skills.

Chief Manager — Branch Head - Bank of Maharashtra - Nashik Branch

(2022-04)

• Lead and manage all branch operations as Branch Head, overseeing a team of 5 staff members.
• Manage a total loan portfolio of approximately ₹450 crore, spanning Corporate Loans, Government Business Accounts, and retail lending.
• Exercise independent sanctioning authority for loans up to ₹3 crore, ensuring swift credit decisions aligned with risk appetite.
• Drive business development initiatives, maintaining high standards of client relationship management and service delivery.

Senior Manager — Credit Analyst - Bank of Maharashtra - Head Office, Pune

(2014-10 - 2020-07)

• Appraised and processed complex corporate loan proposals, conducting thorough risk analysis and document scrutiny prior to sanction.
• Performed in-depth analysis of financial statements and working capital requirements for mid-to-large corporate clients.
• Supervised end-to-end loan lifecycle: appraisal, sanction, disbursement, post-sanction monitoring, and recovery.
• Conducted industry analysis and assessed loan profitability; escalated proposals to the loan committee where required.
• Managed RBI Audits, Statutory Audits, and special RBI enquiries related to the Credit Department.
• Coordinated with external credit rating agencies and collection agencies to monitor accounts and resolve delinquencies.
• Devised and implemented collection strategies, reducing past-due balances and improving recovery rates.
• Conducted semi-annual credit limit reviews; optimised credit approval and collection processes for greater efficiency.
• Trained and mentored interns in the Credit Department; oversaw all departmental reporting and documentation.
• Utilised LLMS software for credit appraisals, document verification, and loan approvals.

Manager — Credit Officer - Bank of Maharashtra - Jalgaon Zonal Office

(2011-11 - 2014-10)

• Managed credit operations at the zonal level, reviewing loan proposals and credit documentation for accuracy and compliance.
• Interviewed loan applicants, gathered required documentation, and evaluated creditworthiness and solvency.
• Ensured loan agreements were complete and accurate in accordance with bank policy.

CAIIB - Certified Associate of Indian Institute of Bankers - IIBF (2012)

Chartered Accountant - CA - ICAI (2011-05)

Bachelor of Commerce - B.Com - Pune University (2007-06)

Higher Secondary Certificate - HSC - Pune University (2004-06)

Secondary School Certificate - SSC - Pune University (2002-06)