can anybody please tell me the latest revised rate of provision for doubtful assets in banking companies (advanced accounts) may 14.. please its urgentttttttt.
thanks in advance
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Revised rate of provision for doubtful assets in banking com
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Standard Assets - 0.40%
Sub-Standard Assets - 15% (fully Secured)
Doubtful Asstes:
for 1 Yr. - 25%
2 to 3 Yrs - 40%
> 3 Yrs. For Both unsecured and Secured 100%each
Loss Assets - 100%
can anybody please tell me the latest revised rate of provision for doubtful assets in banking companies (advanced accounts) may 16
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