What is the percentage of provision required for the Unsecured Portion of Sub standard Advances in case of Banking companies?
In PC Tulsian it's given as 100% whereas as per the latest amendments issued by ICAI for exams it is 25%. Pleae Help.
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Provision for sub standard advances
Replies (2)
| Originally posted by : Divya Barathi | ||
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What is the percentage of provision required for the Unsecured Portion of Sub standard Advances in case of Banking companies? In PC Tulsian it's given as 100% whereas as per the latest amendments issued by ICAI for exams it is 25%. Pleae Help. |
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Revised Rate is 25% made applicable from May 2012 exam onwards.
| Originally posted by : |)eep @ k Gupt/\ | ||
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Originally posted by : Divya Barathi What is the percentage of provision required for the Unsecured Portion of Sub standard Advances in case of Banking companies? In PC Tulsian it's given as 100% whereas as per the latest amendments issued by ICAI for exams it is 25%. Pleae Help. Revised Rate is 25% made applicable from May 2012 exam onwards. |
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