Reserve Bank of India (RBI) has extended the deadline for non-banking financial companies (NBFCs) to comply with new Non-Performing Assets (NPAs) classification norms to September 2022 from the earlier deadline of March 2022. As per the ‘Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Clarifications’, which was issued by RBI on November 15, 2021, the loan accounts that are classified as NPAs could be upgraded as ‘standard’ assets only if entire arrears of interest and principal are paid by the borrower.
Identify correct full forms of ESOP and ESPP.
_______ refers to the information collected by an auditor to ascertain the accuracy and compliance of a company's financial statements.
In whose favour is the Doctrine of Indoor Management?
Which type of reinsurance involves one particular risk and is expressed in a reinsurance policy, with each transaction negotiated individually and offer...
Under what heading, "uncalled liability on partly paid up shares" will appear while preparing final accounts of limited liability companies?
For intra-State sales, the GST is divided between the Centre and the State in the ratio?
Under the Indian Contract Act, the suggestion as a fact of that which is not true by one who does not believe it to be true and the active concealment o...
What does Miscellaneous Insurance encompass?
Which of the following book is both a journal and a ledger?
With respect to standard costing, which of the following statement is incorrect?
