Help its urgent!!!!!!!!!!!!!!!

902 views 4 replies

hi

can anybody pls tell me what are the rates for provision for doubtful debts for banking company (ipcc group 2 )

for nov 14 exam

i.e

Standard asset- 

. given to agriculture or sme

. given to real estate sector

.other assets

sub standard asset

secured advence

unsecured advance

advances to infrastructure loan through escrow

doubtful unsecured

doubtful secured

from 0 to 1 year

from 1 to 3 year

from 3 to infinity year

loss assets

thanks in advance, 

Replies (4)
Standard 1 agriculture .25% 2 real estate. 1% 3 others. .40% Sub standard(NPA not exceeding 12 months) 1 Secured. 15% 2 semi secured 20% 3 unsecured. 25% Doubtful(NPA more than 12 month) 1. 0-1 yrs. 25% 2. 1-3 yrs. 50% 3. More than 3 yrs. 100% Unsecured. 100% Loss asset. 100%

I think deepak...

Doubtful advances-secured 1-3 years the rate of provision is 40%

Doubtful advances- secured 1-3 years the ratr is 40%
Ya mayank you are right 1-3 yrs provision is 40%


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