Question
As per loan review framework of RBI, loan review of high
value accounts are usually carried out __________Solution
As per the Loan review mechanism given by RBI, banks credit audit or loan review should include review of the sanction process and status of post sanction processes/ procedures (not just restricted to large accounts The frequency of review should vary depending on the magnitude of risk (say, for the high risk accounts - 3 months, for the average risk accounts- 6 months , for the low risk accounts- 1 year). The review would include:
- Feedback on general regulatory compliance.
- Examine adequacy of policies, procedures and practices.
- Review the Credit Risk Assessment methodology.
- Examine reporting system and exceptions thereof.
- Recommend corrective action for credit administration and credit skills of staff.
- Forecast likely happenings in the near future
Meaning of Res judicata is:
Which of the following describes a judgment-debtor?
The Constitution of India provides that the promotion of International peace and security is considered as a _____________
The doctrine of “rarest of rare cases” was evolved by the Court in the case of:
Which courts are authorized to try offences punishable under the MSMED Act?
Dr. B.R. Ambedkar described ___________________ as the heart and soul of the Indian Constitution
Which of the following is the regulatory and supervisory body under the IBC?
The principle that “the same income should not be taxed twice in the hands of the same person” refers to which of the following?
In computing the period of limitation for filing a suit the day from which the period of limitation is reckoned ______.
According to Section 87 of the Industrial Relation Code, 'no court shall cognizance of any offence punishable under industrial Relation code save on a ...
