Revised schedule vi

Obviously Secured...

But as per defination given secured loan is which araise from pledging any intangible assets. and when a loan is taken with fixed deposit  the pledging amt will be less than the loan taken. 

Thanks and regards

Anto

Look dear go through the Guidance Note issued by ICAI on the same they for better clarification

But in short let me explain

It clearly states one thing that if you have given security for any kindaa loan in any means by hypothecation or any guarantee it has to repoted under secured loan. Things you are talking about are theoritical concepts revised schedule VI has ruled all these things 

Revised schd VI asks you to categorise only on two base secured or unsecured  in any respect all other factors have to be ignored from the reporting point of view these changes have been introduced to comply with IFRS reporting standards