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???
Tanash Chakraborty (KPMG) (292 Points)
11 May 2012can anyone tell me if there is a certain amount of provision required for the standard asset as well...if so how much is it???
CA PRAVEEN SINGH
(MANAGER ACCOUNTS)
(2277 Points)
Replied 11 May 2012
Yes agree with above...
Banks is required to maintain provision for standard assets 0.25%.
Rahul sarna
(Student)
(57 Points)
Replied 11 May 2012
| 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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Tony John
(Chartered Accountant)
(6085 Points)
Replied 12 May 2012
It is 0.4% thats applicable for May exams
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