Question
Regarding the secured portion, what is the provisioning
requirement for an advance that has remained in the 'doubtful' category for one to three years?Solution
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 alternative name is used for Bharathapuzha, Kerala's longest river?
Neeraj Chopra won the Doha Diamond League with a javelin throw of how many meters?Â
______ country has become the largest producer and exporter of sugar in the world.
Which Japanese space mission was ended after losing communication with its lander?
Which Indian curator was awarded the ‘Officier dans l’Ordre des Arts et des Lettres’ by the French government in July 2024 for his contributions t...
Which Russian bank has become the first Russian bank to to register with the SEBI as a foreign portfolio investor (FPI)Â Â according to the information...
Which gas is commonly used in fire extinguishers to smother flames?
What is the traditional dance form of Uttar Pradesh?
Which is the 1st Indian city to provide 24*7 drinking water supply?
An ntype semiconductor is typically doped with which type of elements?
