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.
Which ministry recently launched the âCapacity Building on Design and Entrepreneurship (CBDE) program?
Bangladesh observes its national Mourning day on?
Every year on March 26, âWorld Purple Dayâ is celebrated across the world, the purpose of this day is to make people around the world aware of the d...
Which country developed the helicopter-launched air-to-surface missile named Izdeliye 305?
Consider the following statements about public debt:
1. Public debt is the total borrowing by the government from domestic and foreign sources.
Indiaâs first 'coal to methanol' (CTM) plant is built by which of the following?
Which film won the award for Best Picture at the 97th Academy Awards in 2025?
By what year does India aim to eliminate malaria?
- According to the Constitution of India, the State Legislature possesses concurrent powers as enumerated in which List of the Seventh Schedule?
Who won the menâs singles title at the 86th Senior National Badminton Championships 2024?
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