OBJECTIVES OF THE STUDY PRIMARY OBJECTIVE To study the broad contours of management of credit and credit appraisal process for business units i.e. for working capital loan or Term Loan in INDIAN OVERSEAS BANK.SECONDARY OBJECTIVES To understand the basis of credit risk rating and its significance. To study the Credit Rating methods followed by the bank for different credit range. To utilize the above learning and appraise the creditworthiness organizations those approach INDIAN OVERSEAS BANK for credit. This would entail undertaking of the following procedures:i. Management Evaluationii. Business / Industry Evaluationiii. Technical Evaluationiv. Legal Evaluationv. Financial Evaluationvi. Credit Risk Rating