Question
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)?Solution
According to IRAC norms, if the realizable value of security is less than 10% of total exposure, the asset is treated as unsecured, which calls for 100% provisioning.
More Accounts Questions
Find the simplified value of the given expression
?% of (√196) × 24 + 344 = 428
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What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
72% of 400 – 23% of 1020 = 120% of ?Â
What will come in the place of question mark (?) in the given expression?
48 X 2.5 + 20% of 150 = ? + 166
[564 + 32 of 18 × 9 ÷ 12 + 162 ] ÷ 4 = ?
What value should come in the place of (?) in the following questions?
3? = 81 ÷ 312 * 27 * 94
104 × 21 ÷ 13 + ? % of 300 = 320 + 22
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