Nisha Devnani

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.

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