Get Started with ixamBee
Start learning 50% faster. Sign in now
When an advance has remained in the 'doubtful' category for a period of one to three years, the provisioning requirement for the secured portion is 40%. This means that the bank is required to set aside an amount equivalent to 40% of the secured portion of the doubtful asset as a provision. This provisioning reflects the increased risk and uncertainty associated with such assets and helps banks mitigate potential losses.
What is the projected credit growth goal for MSMEs between FY24-27?
As per the responses of RTI Act 2021- 22, which state performed worst among the other states?
Who won the gold medal in the 200m individual medley at the 2023 World Aquatics Championships?
What distinguishes Agnikul Cosmos' Agnibaan Sub Orbital Technology Demonstrator (SOrTeD) launch as a milestone in India's space exploration efforts?
‘The Vibrant Villages Programme’ of Government of India focuses on
On August 18, 2024, Raksha Mantri Rajnath Singh released a commemorative coin to mark the birth centenary of which former Tamil Nadu Chief Minister, who...
Which United Nations body is responsible for standards setting in the field of statistics?
Which country launched the world’s first wooden satellite, LignoSat, to explore sustainable materials in space?
What is the primary purpose of the geospatial foundation model unveiled by IBM and NASA?
