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Provisioning Coverage Ratio (PCR) is essentially the ratio of provisioning to gross non-performing assets and indicates the extent of funds a bank has kept aside to cover loan losses. It was decided that banks should augment their provisioning cushions consisting of specific provisions against NPAs as well as floating provisions, and ensure that their total provisioning coverage ratio, including floating provisions, is not less than 70 per cent.
State Bank of India’s (SBI) latest research report, Ecowrap has pegged India’s growth in the fourth quarter of FY23 is likely to be 5.5 per cent, le...
The Theme “Early warning and early action” was for which of the following day?
What is the primary objective of the Vivad se Vishwas-2 scheme launched by the government?
1) Provide relief to Micro, Small, and Medium Enterpri...
Consider the following statements about TEMPO satellite:
1. It monitors major air pollutants across North America.
2. It was Bui...
Which type of payment transaction in India experienced a 5% decrease in volume in September 2024?
Consider the following statement about Export Promotion Capital Goods (EPCG) norms:
I. Govt has announced a one-time relaxation with respect to m...
Silicon Valley-based The Indus Entrepreneurs (TiE) has named _______________ as the ‘Global Entrepreneur of the Year’ in business transforma...
Who is the author of the book 'Bipin: The Man Behind the Uniform', which provides insights into the personal life and principles of the Army Chief?
The Reserve Bank of India (RBI) has canceled the Certificate of Registration of Chennai-based Ind Bank Housing Ltd. HUDCO and which bank are the major s...
Ronaldo has signed for Saudi club Al Nassr in deal worth about_____ ?
