Shri Anil C Raj


Shri Anil C Raj
Director

"Shri Anil C Raj, is in the banking career spanning over a period of 30 years. During the above period, he has worked in various roles and responsibilities with Industrial Development Bank of India (IDBI) and thereafter with IDBI Bank Ltd. At IDBI he was involved in the financing / refinancing of industrial projects, supervision of state-level institutions, setting up of various funds and implementation of various Government schemes. Post transformation of IDBI into a commercial Bank, he continued his association / contribution to the credit sanction, documentation, credit delivery, monitoring and security creation. He was also at the helm of Stressed Assets Stabilization Fund, a Government of India Trust, formed for hiving off of stressed assets of IDBI Bank. He is presently handling the stressed assets portfolio of IDBI Bank, where he could actively engage with borrowers and closely monitor the projects for enabling realistic assessment of the cause of stress. Suitable remedial measures like restructuring of financial assistance, revamping of recovery process and assignment / transfer of debt to ARCs / Banks, are being taken to protect the intrinsic value of the assets. Having a Master's degree in Law, as Chief General Manager, he has handled the stressed assets portfolio of IDBI Bank. He has vast experience in handling documentation and security creation, enforcement and recovery actions, and commercial litigations. Litigation management is one of his areas of expertise. He could actively contribute to the framing of 'Project Sashakt' of IBA and to the various changes brought out in the Insolvency and Bankruptcy Code, 2016. He has actively dealt with many cases during the insolvency resolution process under IBC."