Summary
Overview
Work History
Education
Skills
Certification
Personal Information
Additional Information - Linked Profile
Timeline
Hi, I’m

Ajay Galar

Mumbai
Ajay Galar

Summary

Results-driven banking professional with 15+ years of experience in branch business development, credit management, and loan recovery. Proven track record in enhancing deposits, underwriting retail/corporate loans, and expanding loan portfolios. Adept at building customer relationships, achieving business targets, and ensuring regulatory compliance. MBA and CAIIB certified with expertise in financial services management and risk mitigation.

Overview

18
years of professional experience
17
Certifications
3
Languages

Work History

Axis Bank Ltd

Assistant Vice President
11.2022 - Current

Job overview

  • Provide Banking solutions and superior service to the Corporate Borrowers (assigned by WBSU / WBC / MWBC Head) which is located in the catchment area
  • Accompany Business RM for Pre-sanction visits and also act as an interface for liaising with the corporate borrowers
  • Assign Title Search Report, Valuation Report & ROC Search Report for the corporate borrowers
  • Obtain reports and scrutinize, share requisite details with credit team on pre-designed format
  • Obtain pre-requisites for documentation from CDO team and facilitate vetting of documents with Law Department and ensure obtention of credit opinion report from other lenders
  • Co-ordinate with other lenders and the CDO team for issuance of Pari-Passu/NOCs and follow-up for creation/ perfection of security
  • Co-ordinate with the Borrower, Business & Credit Delivery Official and facilitate execution of documents, compliance of pre-disbursement covenants, facilitate disbursement and obtain credit approvals for Trade Finance Transactions
  • Coordinate with the Borrower, Business & Credit Monitoring Official to facilitate the compliance of post-disbursement covenants, recovery of interest and instalments and to ensure better monitoring of the Credit portfolio
  • Coordinate with the Borrower to execute the following activities: Conduct unit/collateral inspection at stipulated intervals & preparation of reports
  • Obtention of Stock Statements/FFRs/Insurance Policies/Due Diligence/ABS from the customer & provides to CMO for analysis/ monitoring/ placement of notes
  • Creation/ Perfection of Securities
  • Ensure that the TxB Fee Income Budget and SME Topline budget are achieved
  • Ensure adherence to SLA and maintenance of TAT
  • Liaison with the Customer to increase the utilization levels and hence increase Bank's portfolio base.

The Karur Vysya Bank Ltd

Branch Head
04.2011 - 10.2022

Job overview

  • Achieved significant growth in branch deposits and retail loans through focused outreach.
  • Maintained NPA below 1% by underwriting ₹250Cr+ in retail and MSME loans with thorough risk monitoring.
  • Enhanced asset quality through effective recovery in NPAs and Stressed accounts
  • Achieved zero audit non-compliances through effective internal controls and training.
  • Guided team members to consistently exceed key performance indicators in sales, service, and recovery.
  • Demonstrated keen analytical skills, maximising positive outcomes from financial data and reporting.
  • Met with clients and advised on loan conditions and negotiated further contract terms.
  • Documented daily operations to highlight incidents and identify trends for business improvements.
  • Handled extensive daily tasks including client meetings, reporting and administrative processing with strong multitasking abilities.
  • Performed due diligence on customers to assess loan application suitability.
  • Applied effective communication techniques to streamline interactions among internal departments.
  • Managed compliance processes to align with governmental and internal requirements.
  • Expanded knowledge of up-to-date banking solutions through persistent learning.
  • Streamlined loan processing through efficient management of credit, appraisal, and title report requests.

The Karur Vysya Bank Ltd

Deputy Manager
02.2010 - 03.2011

Job overview

  • Devised and implemented strategies to improve service delivery, elevating company success.
  • Managed and motivated employees to achieve KPIs.
  • Coordinated front and back-of-house tasks meticulously, boosting operational effectiveness.

The Karur Vysya Bank Ltd

Officer
11.2007 - 01.2010

Job overview

  • Efficiently and effectively solved complex customer complaints, such as product faults, service issues, providing smart solutions to maintain customer satisfaction.
  • Closely monitored cashier operations to efficiently tend to colleagues requiring assistance.

Education

PRESTIGE INSTITUTE OF MANAGEMENT AND RESEARCH
Indore, MP

Master of Business Administration from MARKETING AND FINANCE

DEVI AHILYA UNIVERSITY
INDORE

BACHELOR OF COMMERCE from COMMERCE COMPUTER APPLICATION

JAWAHAR NAVODAYA VIDYALAYA
HOSHANGABAD

SENIOR SECONDARY SCHOOL (12TH) from COMMERCE

JAWAHAR NAVODAYA VIDYALAYA
PANDHANA, M P

HIGH SCHOOL (10TH) from SCIENCE

Skills

CORE COMPETENCIES

Certification

Certified Associate of Indian Institute of Bankers (CAIIB)

Personal Information

Date of Birth: 09/04/84

Additional Information - Linked Profile

https://www.linkedin.com/in/ajay-galar-354b4b101

Timeline

Assistant Vice President

Axis Bank Ltd
11.2022 - Current

Branch Head

The Karur Vysya Bank Ltd
04.2011 - 10.2022

Deputy Manager

The Karur Vysya Bank Ltd
02.2010 - 03.2011

Officer

The Karur Vysya Bank Ltd
11.2007 - 01.2010

PRESTIGE INSTITUTE OF MANAGEMENT AND RESEARCH

Master of Business Administration from MARKETING AND FINANCE
04.2007

DEVI AHILYA UNIVERSITY

BACHELOR OF COMMERCE from COMMERCE COMPUTER APPLICATION
04.2005

JAWAHAR NAVODAYA VIDYALAYA

SENIOR SECONDARY SCHOOL (12TH) from COMMERCE
04.2002

JAWAHAR NAVODAYA VIDYALAYA

HIGH SCHOOL (10TH) from SCIENCE
04.2000

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