Regarding the secured portion, what is the provisioning requirement for an advance that has remained in the 'doubtful' category for one to three years?
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.
Recently, Brenda Hale was appointed as first female president of the Supreme Court in which of the following country?
What is Net Banking?
The rate of interest which the RBI charges on the loans and advances to a commercial bank borrowed for a long term is known as ________.
What is the full form of NPCI?
The IFSC is an/a _______ digit alphanumeric code.
Which of the Following T-Bills is not issued at present?
Repo and Reverse repo rates are two rates set by RBI for .................... ?
Which bank works as a Lead Bank in the district?
Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short t...
In payment systems what does SWIFT stands for?
