Revised rates of provisions on npas applicable/not?

Prerna (CA Final Student) (308 Points)

04 November 2011  

Hi are the revised rates for provision on NPAs in Banking Companies aplicable for Nov 2011?

For example, the existing rate for secured doubtful advances upto 1 year is 20% and revised rate is 25%. so which is applicable?

The RPT says it is not applicable but it is confusing.