31 March 2012
I had received a message as Amendment for A/C may regarding the revised Advance Rates.Secured15% Unsec 25%, Unse Infra 20%, Doubtful 1-25%,1-3 -40% are these applicable for May 12 final exam are these NPA provisions
11 May 2012
These are not correct. The correct rates are as under:
FOR NBFC:
Standard Assets - 0.25% Sub-standard Assets - 10% Secured portion of doubtful debts: - Upto one year - 20% - 1 year to 3 years - 30% - more than 3 years - 50% Unsecured portion of doubtful debts - 100% Loss Assets - 100%