Accounting for banking companies

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What are the rates for provision for bad debts doubtful for 0-1 , 1-3 , 3-infinity yrs in accounting for banking companies applicable for may 2012 attempt ?

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Rates for provisionn for Bad Debt Doubtful :

for doubtful Upto 1 year        -          25%

for doubtful > 1 year , but upto 3 years      -    40%

for doubtful > 3 years         -          100%

 

u can also go to this link

https://www.rbi.org.in/scriptts/NotificationUser.aspx?Id=6415&Mode=0

thank u so much :)  these rates have been revised and are applicable from may 2012 attempt ?

 

Yes Manasi.. these rates are revised and also applicable for may 2012 attempt... All d best for ur studies.... 

thank u and same to u :)

 

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ADVANCE THANX


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