Hi Friends
Pls, provide the rate of provision in case of Banking Company???????????
SACHIN KUMAR GARG (Final Student) (105 Points)
01 April 2010Hi Friends
Pls, provide the rate of provision in case of Banking Company???????????
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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