Engineers and Technologists in Financial Institutions-A Note

Financial Institutions A Note Mrinal Kanti Bhattacharjee Because of the growing importance of technology, there has been all over the world a considerable shift in emphasis regarding the criteria used in approving loans. Credit specialists in financial institutions can no longer afford to continue to evaluate requests for credits solely according to the time-honoured rules of balance-sheet analysis. They must be able to assess not only the financial, economic and monetary developments taking place around them, but also the technical, marketing and management aspects of the company seeking credit.