Financial reporting

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Chartered Accountant

8487 Points Joined August 2010

What are the rates applicable for making provision for NBFC..? Standard assets ? Sub- standard ? Doubtful 0-1 y ? 1-3 y ? Above 3y ? Loss assets ?

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Loss Assets : 100%

Doubtful Assets : Unsecured Portion : 100%

Secured Portion : Upto 1 year : 20%

1-3 years: 30%

More than 3 years :50%

Sub-standard Assets : 10%

Standard Assets : 0.25%

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