Provision for NPA in banks

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20 Points Posted on 09 September 2020
Provisions for NPA in Banks with classification of assets
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On 09 September 2020 at 13:44 Report
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Quick Summary
This discussion explains how banks classify Non-Performing Assets (NPAs). Assets are categorised as Standard (not NPA), Sub-Standard (NPA up to 18 months), Doubtful (NPA over 18 months), and Loss (unrecoverable). While the classification is outlined, the specific provisioning rates are best confirmed directly with individual banks.

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GST Practitioner & Accounts
15150 Points Posted on 09 September 2020

Classification  is  follows 

1) Standard  Assets  -     Not   NPA 

2) Sub- Standard   Assets -    Classified as   NPA  for  a period  of not  exceeding  18  months 

3) Doubtful    Assets  -     Remain  NPA  for  more  than  18 months 

4) Loss  Assets  -     Loss   has been identified by bank  , Not  recoverable . 

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On 09 September 2020 at 16:32
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20 Points Posted on 09 September 2020
Thamks but can you help in provisioning rate ?
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On 09 September 2020 at 16:40
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GST Practitioner & Accounts
15150 Points Posted on 09 September 2020

Current rates  you can confirm  form  banks .

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On 09 September 2020 at 17:32

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