What approach do banks in India currently use for loan loss provisions?
Currently, all commercial banks in India make a provision for any diminution in the value of advances in accordance with the Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances (IRACP norms). As per the IRACP norms, provision on advances, at a minimum, is created at a prescribed percentage depending on the category of the advances1 using an ‘incurred loss’ approach.
Buyer as per the MSMED Act means_____________
Suit for recovery of possession of immovable property under section 6 of Specific Relief Act can be filed:
Which Article of the Constitution talks about directive principles of State policy for protection of wildlife?
No banking company shall pay any dividend on its shares until all its capitalised expenses including ____________________have been completely written off
S.14 of CPC provides for presumption as
Which Article of the statute of ICJ provides for sources of International Law?
A super-imposed photograph of the deceased over the skeleton of a human body to prove that the skeleton was of the deceased is relevant under.
In the case of Indian Oil Corporation Ltd. V. Amritsar Gas Services & Ors. it was held that_______________
Who has the been vested with the power to establish the Depositor Education and Awareness Fund as per section 26A of the Banking Regulation Act?
As per the provisions of the LLP Act how can a firm convert into a limited liability partnership?