May 2012 ca final exam
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
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%
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%
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