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Provision for sub standard advances

IPCC 1113 views 2 replies

What is the percentage of provision required for the Unsecured Portion of Sub standard Advances in case of Banking companies?

In PC Tulsian it's given as 100% whereas as per the latest amendments issued by ICAI for exams it is 25%. Pleae Help.

Replies (2)
Originally posted by : Divya Barathi

What is the percentage of provision required for the Unsecured Portion of Sub standard Advances in case of Banking companies?
In PC Tulsian it's given as 100% whereas as per the latest amendments issued by ICAI for exams it is 25%. Pleae Help.

Revised Rate is 25% made applicable from May 2012 exam onwards.

Originally posted by : |)eep @ k Gupt/\




Originally posted by : Divya Barathi






What is the percentage of provision required for the Unsecured Portion of Sub standard Advances in case of Banking companies?
In PC Tulsian it's given as 100% whereas as per the latest amendments issued by ICAI for exams it is 25%. Pleae Help.






Revised Rate is 25% made applicable from May 2012 exam onwards.


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