Provision for sub standard advances

CA girl (Article Trainee-CA Final) (1942 Points)

21 October 2012

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.

Reply
Follow
Share

2 Replies

Deepak Gupta (CA Student) (15922 Points)
Replied 21 October 2012

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.

Attached File : 555789 1074629 group2accountsbankaccounts.pdf downloaded: 220 times

1 Like

@*CS Siddharth Bumb. * (B.Com, CA Final, CS ) (5270 Points)
Replied 22 October 2012

Originally posted by : \|)eep @ k Gupt/\
	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.