What is the %age of provisions for debts in case of NBFC applicable for Nov,2012 exams??
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RBI has revised rates for NBFC for F.y. 2011-12 for Provision of Debts and issued notification in the month of May -dated 18 ..........
You may download attached notification ;-
| Category of Advances |
Existing Rate (%) |
Revised Rate (%) |
|
Sub- standard Advances • Secured Exposures • Unsecured Exposures • Unsecured Exposures in respect of Infrastructure loan accounts where certain safeguards such as escrow accounts are available. |
10 20 15 |
15 25 20 |
| Doubtful Advances – Unsecured Portion | 100 | 100 |
|
Doubtful Advances – Secured Portion • For Doubtful upto 1 year • For Doubtful > 1 year and upto 3 years • For Doubtful > 3 years |
20 30 100 |
25 40 100 |
| Loss Advances | 100 | 100 |
|
Restructured accounts classified as standard advances • in the first two years from the date of restructuring ; and • in cases of moratorium on payment of interest/principal after restructuring – period covering moratorium and two years thereafter. |
0.25 to 1.00 (depending upon the category of advance) | 2 |
|
Restructured accounts earlier classified as NPA and later upgraded to standard category • in the first year from the date of upgradation |
0.25 to 1.00 (depending upon the category of advance) | 2 |
If you want to download only the revised rates then download attached file :-
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