Indian Corporate Credit Masterclass: Fund & Non-Fund Facilities Decoded
A comprehensive, practitioner-led guide to Indian corporate credit — covering every domestic and international fund-based and non-fund-based facility, so finance professionals can structure smarter deals, manage credit risk, and reduce the cost of funding.
Perfect for: Credit analysts and relationship managers at banks and NBFCs; CFOs, treasury managers, and finance controllers at mid-to-large Indian corporates; Chartered Accountants and financial advisors who advise on corporate borrowings; MBA finance students and CFA candidates seeking India-specific applied credit knowledge; and professionals transitioning into corporate or institutional banking roles.
Master the Full Spectrum of Indian Corporate Credit
Corporate credit in India is anything but simple. Between working capital limits, term loans, external commercial borrowings, letters of credit, bank guarantees, and the maze of RBI/FEMA regulations that govern them — most finance professionals only ever master the slice of credit their job demands. This course changes that.
Whether you're a banker structuring a credit proposal, a CFO negotiating with lenders, a CA advising a corporate client, or a treasury professional trying to squeeze basis points out of your funding cost — this school gives you an end-to-end, practitioner-grade understanding of how Indian corporate credit actually works, from sanction to servicing.
Fund-Based, Non-Fund-Based, Domestic, International — All in One Place
You'll move methodically through fund-based facilities (cash credit, overdraft, term loans, WCDL, FITL, ECBs, FCCBs) and non-fund-based facilities (letters of credit, bank guarantees, co-acceptances, derivatives-linked structures) — understanding not just what each instrument is, but when to use it, how it is priced, what covenants lenders typically attach, and how to negotiate better terms. International credit facilities — including trade finance lines and cross-border borrowings governed by FEMA and RBI Master Directions — are treated with the same depth as domestic ones, not as an afterthought.
From Concept to Cost Optimisation
The real differentiator of this school is its focus on practical credit management and cost of funding. You will learn how to read and interpret a sanction letter like a lender, benchmark your pricing against market instruments (MCLR, T-Bill linked rates, SOFR for cross-border), identify hidden charges that inflate your effective cost, and build a funding mix that balances flexibility, cost, and risk. By the end, you won't just understand Indian corporate credit — you'll be equipped to make better decisions with it.
What you'll be able to do
- Clearly distinguish between fund-based and non-fund-based credit facilities and identify the right instrument for a given corporate financing need
- Explain the structure, purpose, pricing, and risk profile of every major domestic credit facility — including cash credit, overdraft, term loans, WCDL, and FITL
- Understand international credit facilities (ECBs, FCCBs, buyers' credit, suppliers' credit) and the FEMA/RBI regulatory framework governing them
- Analyse and interpret a bank sanction letter, including covenants, security stipulations, and end-use restrictions, from both a lender's and a borrower's perspective
- Calculate the true all-in cost of a credit facility — factoring in interest rates (MCLR/repo-linked/SOFR), processing fees, commitment charges, and security costs
- Build and evaluate a diversified funding mix that balances cost, tenor, flexibility, and regulatory compliance for a corporate borrower
- Apply credit management best practices to monitor utilisation, manage drawing power, and avoid technical defaults or covenant breaches
- Negotiate more effectively with banks by understanding what lenders look for in credit appraisals, how internal ratings affect pricing, and where there is genuine room to push back
Curriculum
6 modules · 20 lessons
Your teacher
VIKASH KUMAR JAIN
I've spent over a decade working at the intersection of corporate banking, credit structuring, and treasury advisory in the Indian financial markets. I've seen on both sides of the credit table — appraising proposals as a banker and negotiating facilities as an advisor to corporates — which means I understand not just how these instruments are defined, but how they are used, misused, negotiated, and priced in practice. I built this course because I consistently saw the same gap: finance professionals who were highly competent in their own slice of credit but lacked a complete, connected picture of the Indian corporate credit ecosystem. My goal here is to give you the structured, practical understanding that typically takes years of on-the-job exposure to accumulate — without the trial and error. Everything in this course is grounded in real transactions, current RBI and FEMA regulations, and the kind of cost and risk thinking that actually moves the needle for corporates and lenders alike.
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