Nikhil Chand’s Post

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Dealer Settlements Officer at UDC Finance Limited | Credit Risk Strategist | Lending Specialist | Credit Risk Analyst | Banker

📌I recently came across a quote that truly struck a chord with me: "Lending is easy but getting your money back is hard." In my experience as a credit analyst, I’ve seen firsthand that while the act of extending credit can seem straightforward, the real challenge lies in ensuring that money returns as planned. My journey has taught me that effective lending goes far beyond the initial transaction. It's about deeply understanding your clients' financial situations, needs, navigating the economic landscape and continuously mitigating risks. What truly resonates with me is the idea that lending is more than just a financial transaction; It’s not just about disbursing funds but about creating a strong relationship that supports our clients' financial health and success. Ensuring that loans are repaid involves continuous support, careful monitoring, and a genuine commitment to seeing our clients thrive. Every day, I’m reminded that the heart of lending lies in these connections, where trust and commitment drive not just repayment, but shared success for both the lender and the borrower. #lending #finance #riskmanagement #relationships

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