Whate are the percentages of reserves to be mantained by banking companies in the case of non performing assets.. as far as my knowledge says.
Standard Assets- 0.40%
Sub standard Assets - 10%
Doubtful Assets-
upto 1yr- 20%
1-3 yr- 30%
More than 3 yrs- 100%
Loss Assets- 100%
If there is any change or i am wrong anywhere in this then kindly notify me with this.!!!
Thanks in advance.
Ricky Chadha
CAclubindia
