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On the basis of credit risk as compared to the initial recognition, banks would be required to classify applicable financial assets into three stages: Stage 1 includes financial assets that have not had significant increase in credit risk since initial recognition or that have low credit risk at the reporting date. For these assets, 12-month ECL are recognized. Stage 2 includes financial instruments that have had a significant increase in credit risk since initial recognition (unless they have low credit risk at the reporting date) but that do not have objective evidence of impairment. For these assets, lifetime ECL are recognized. Stage 3 includes financial assets that have objective evidence of impairment at the reporting date. All financial assets that are in “default” as defined in this paper shall be classified as Stage 3 assets. For these assets, lifetime ECL are recognized.
As per RBI guidelines, what is the definition of a 'Project Loan'?
The rate applicable to an investment lasting for n years when all the returns are realized at the end is called:
Current Assets (at cost) Rs.24,00,000, Credit Sales Rs. 68,00,000, Cash Sales Rs.600,000, Sales Return Rs.2,00,000. What can be Current Assets Turnover ...
Samarth is a flagship skill development scheme approved in continuation to the Integrated Skill Development Scheme in which sector?
As per the recent guidelines by RBI for issuance of Share Capital by Rural Co-operative Banks, what is the limit of the outstanding amount of PNCPS and ...
Calculate the current Ratio from the above data:
Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.
Which section of RBI Act 1934 prescribes the CAR for SCBA without any floor or ceiling rate? Which section of RBI Act 1934 prescribes the CAR for SCBA w...
Which statement is true out of the following with regards to technical analysis:
What are the prudential exposure limits for UCBs for a group of connected borrowers/parties?