Hi Friends
Pls, provide the rate of provision in case of Banking Company???????????
2 Replies
Payal Gupta
(article assistant)
(176 Points)
Replied 01 April 2010
NPA
1. STD. ASSETS ---------- 0.4% OF LOAN
& 0.25% IN CASE OF AGRICULTURAL & SME SECTORS
& 2% IN CASE OF PERSONAL LOANS, LOANS & ADVANCES QUALIFYING AS CAPITAL MKT.EXPOSURES, COMMERCIAL ESTATE LOANS & LOANS & ADVANCES TO SYSTEMATICALLY NBFCs-ND
2. SUB STD ASSETS-------------------- 10% + 10% UNSECURED
3. DOUBTFUL ASSETS :-
1ST YEAR------ 100% UNSECURED + 20% SECURED
2ND & 3RD YEAR-------------100% UNSECURED + 30% SECURED
BEYOND 3 YEARS------------100% LOAN
4. LOSS ASSETS ---------100%
5. ASSETS FOR WHICH BORROWERS LIABILITY IS LESS THAN Rs.25000--------TO BE INCREASED TO 10% FOR THE YEAR ENDING 31.3.1996
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