pls can someone tell me about the current banking provision for non performing assets for applicable for may attempt
CA Rahul Barsainya (c.a) (121 Points)
01 May 2010pls can someone tell me about the current banking provision for non performing assets for applicable for may attempt
Kranthi Kumar
(Industrial Trainee E & Y)
(46 Points)
Replied 01 May 2010
Provision for NPA's as considered in Prob No.15 of RTP of accounts for May 10
Standard Assets 0.40%
Sub-standard Assets 10 %
Doubtful Assets not covered by 100%
security
Doubtful Assets covered by security:
for 1 year 20 %
for 3 years 30 %
for 4 years 100%
Loss Assets 100 %
I attached RTP for reference..
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8310 Points)
Replied 07 June 2010
Agree with Kranthi
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8310 Points)
Replied 07 June 2010
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