Provision on advances
This query is : Resolved
24 April 2012
please provide me rate on advances for banking chapter, applicable for may2012 attempt ipcc.
11 May 2012
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%
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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