Question
Under CGTMSE, what is the general provisioning
requirement on loans covered under guarantee in case of default?Solution
Under CGTMSE, if a borrower defaults, the bank receives guarantee coverage, but is still required to make provision on the uncovered portion, and often the first 25% of the defaulted amount must be provided as per provisioning norms (subject to RBI/CGTMSE updates). Exact provisioning can vary by scheme and must follow latest CGTMSE/RBI circulars.
Kathak maestro Pandit Birju Maharaj passed away. He was an exponent of the _________ Gharana.
BSE & NSE have penalized IndianOil and GAIL (India) Ltd with fines of ________ for the second quarter in a row for failing to meet listing requireme...
Under the “PM-CARES for Children” scheme a corpus of ____________ will be allocated to each of these children from the PM CARES fund.
Which states ( mentioned above as 1,2,3,4,5 ) accounted for 60 % of all tree cover loss in India from 2001 to 2023?
How many MH-60R multi-role helicopters has India contracted from the United States?
In which Rajasthan district is the world's first 'Om' shaped temple under construction?
Which country did Saudi Arabia appoint its first ambassador to since 2012, as part of efforts to normalize diplomatic relations?
Data Patterns (India) Limited has entered into a licensing and transfer of technology (ToT) agreement with __________ to acquire miniature synthetic ape...
- What technology was used to detect Gangetic dolphins in the survey?
Which government agency organized the expo in Thiruvananthapuram to promote and sell solar energy systems?
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