The % of provision for NPAS by banks is 25 %, 40%, and 100% for doubtful upto 1 year, 1 to 3 years and above 3 years respectively as given in the study material and practice manual of IPCC. The same %s as give in the books by Hanif Musherjee are 20%, 30% and 100% respectively. When is there change? Which ones to be followed in the exam?
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Provision for npas in banking accounts
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Dear Pratik,
Institutes material will be updated rarely or occassionally, so as an alternative our institute will issue latest amendments and its date of applicability in the exam. As regards to the query you must see latest RBI's notification as per which 2nd structure you have mentioned above will be applicable.
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