Question

Assets categorized in stage 3 cannot be directly brought

Q: Assets categorized in stage 3 cannot be directly brought to Stage 1 even after the irregularities ar

Banksshouldkeepastage3assetinstage2foraminimumperiodofsixmonthsafteralltheirregularitiesarerectifiedcoolingoffperiodbeforethesameisbroughttostage1

to Stage 1 even after the irregularities are rectified, for how much time bank must keep stage 3 asset in stage 2 before the same can be brought to stage 1?

A 3 Months

B 6 Months

C 9 Months

D 12 Months

E 15 Months

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Relevant for Exams:

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Question

Assets categorized in stage 3 cannot be directly brought

Solution

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