I need all information regarding NPAs (applicable for May 2010 )
THANX IN ADVANCE!
CA. Nuba Subzwari
(CHARTERED ACCOUNTANT)
(501 Points)
Replied 10 April 2010
R sub standard assets ,o/s assets for a period not exceedin 12 months or 18
CA. Nuba Subzwari
(CHARTERED ACCOUNTANT)
(501 Points)
Replied 11 April 2010
& rate of provision for standard assets is .25% or .4%
CA VISHAL RANA,CS,B.Com,AMFI
(Chartered Accountant in Whole Time Practice)
(4354 Points)
Replied 11 April 2010
ASSESTS DAYS PERIOD
STANDARD 90 DAYS 0 .40%
SUB STANDARD 3-12 MONTHS 10%
DOUBTFUL UPTO 1 YEAR 20%
1-3 YEARS 30%
MORE THAN 3 YEARS 100%
LOSS 100%
PROVISION FOR UNSECURED PORTION IS 100% ABOVE STATEMENTS R APPLICABLE ONLY FOR SECURED PORTION
CAclubindia
