Banks shall make provisions, with effect from the year ending March 31, 2003, on the net funded country exposures on a graded scale ranging from 0.25 to 100 percent Banks are required to make provision for country risk in respect of a country where its net funded exposure is one per cent or more of its total assets. The provision for country risk shall be in addition to the provisions required to be held according to the asset classification status of the asset. However, in the case of lsquo;loss assetsrsquo; and lsquo;doubtful assetsrsquo;, provision held, including provision held for country risk, may not exceed 100% of the outstanding
Risk category ECGC Classification Provisioning Requirement (per cent) Insignificant A1 0.25 Low A2 0.25 Moderate B1 5 High B2 20 Very high C1 25 Restricted C2 100 Off-credit D 100
Goldman Sachs has revised upwards the growth estimate for India by 30 basis points (bps) to _______ for the calendar year (CY) 2023, given the boost in ...
The world’s largest Khadi Indian national flag was put to a grand public display in Rajasthan’s ____________ district.
Which condition must be met by custodian banks to issue IPCs, according to the revised RBI guidelines?
In the human body, what part is made of neither bones nor skin?
How is Dhanpat Rai Srivastava better known as?
Which of the following international organization has launched the Giving to Amplify Earth Action (GAEA) to help unlock the USD 3 trillion of financing ...
ITC has acquired a 39.42% stake in Sproutlife Foods, makers of “Yoga Bar” food products, for Rs _______.
What was the percentage growth in India’s net GST collections in December 2024?
The Reserve Bank of India (RBI) recently prescribed a four-tier regulatory structure for urban cooperative banks (UCBs). It has stipulated a minimum net...
Which organisation recently entered into a co-lending partnership with C2treds and UGRO Capital to facilitate loans to the MSME sector?
