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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.
How do you typically respond to failure or setbacks?
How important is it for you to have a sense of control?
How important is it to you to be acknowledged and complimented for your efforts?
How do you typically handle conflicts within your personal relationships?
How likely are you to forgive someone who has hurt you deeply, even if they do not apologize?
How important is it for you to have control over your environment?
How important is it for you to have a strong sense of identity or self-concept?
How often do you find yourself worrying about the future or things you cannot control?
Are you more of a logical or emotional person?
How do you deal with difficult people or situations?
