can anyone tell me if there is a certain amount of provision required for the standard asset as well...if so how much is it???
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Provisions for standard assets?
Replies (4)
Yes agree with above...
Banks is required to maintain provision for standard assets 0.25%.
| Originally posted by : prem_chak | ||
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can anyone tell me if there is a certain amount of provision required for the standard asset as well...if so how much is it??? |
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Now it had been Revised to 0.4% . This will be the rate applicable for tomorrows exam . Thanks :)
It is 0.4% thats applicable for May exams
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