What is CTL issue?

[keerthirahul123]

Hi

I closed my axis flipkart earlier this year and applied offline for Atlas on July 18th. After 3-4 days the status changed to Applicaiton processing on HOLD and a support representative will reach out and no one contacted me till date. Reached out to the person who helped me to apply offline and today he said that application is stuck CTL issue and they are having an internal email thread going on and approval will come up shortly.

Wondering what on earth is CTL issue????

 

[HumorSimpson]

CatGPT says :
In banking terminology, CTL often stands for Credit Transaction Limit. This refers to the maximum amount of credit that can be extended to a customer or a transaction at any given time. It is a crucial aspect of risk management for financial institutions, ensuring that they do not overextend credit to borrowers.

 

[keerthirahul123]

CatGPT says :
In banking terminology, CTL often stands for Credit Transaction Limit. This refers to the maximum amount of credit that can be extended to a customer or a transaction at any given time. It is a crucial aspect of risk management for financial institutions, ensuring that they do not overextend credit to borrowers.

Oh may be over leverage issue in simpler terms.

 

[HumorSimpson]

Oh may be over leverage issue in simpler terms.

Not that dreaded word.

 

[Ram1]

May be they are having round table conference to decide credit limit for ur card

 

[keerthirahul123]

May be they are having round table conference to decide credit limit for ur card

100% with irani chai and Osmania biscuits.