Question
What is the provisioning requirement on a loan
classified as a standard asset and given to an MSME enterprise?Solution
RBI mandates a general provision of 0.25% on standard assets extended to MSMEs. This helps banks maintain a buffer for potential future stress, even when the loan is performing.
If the realisable value of security held by a bank is less than what percentage of the exposure, the asset is treated as unsecured (loss asset)?
Interest payable u/s 234C is computed at
XYZ Ltd. plans a buyback of 10 lakh equity shares at ₹200 each. Face value is ₹10. The company will use reserves for this. What impact will it have ...
What is the primary purpose of GSTR-1 in the GST (Goods and Services Tax) system?
What is the purpose of performing Due Diligence by banks under KYC norms?
A power company appraises a 25-year hydro project with IRR of 12% and a payback of 8 years. However, the risk-adjusted discount rate is 15%. Should the ...
ABC Ltd. wants to conduct a vertical analysis of its income statement. To standardise its financial data, each line item should be presented as a propor...
The term supply includes:
The term ‘ Previous year’ is defined under which section of Income Tax Act?
Which of the following statements is INCORRECT regarding Priority Sector Lending (PSL)?
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