Question
According to RBI’s prudential norms, what is the
general provisioning requirement for substandard assets (ignoring ECGC guarantee cover and securities available)?Solution
Under RBI’s Income Recognition and Asset Classification (IRAC) norms, banks are required to make general provisions against non-performing assets (NPAs). For substandard assets (i.e., accounts classified as NPAs for less than or equal to 12 months): • A general provision of 15% of the total outstanding is mandated. • This provision is calculated without considering any ECGC (Export Credit Guarantee Corporation) guarantee cover or the value of securities available. • The intent is to create a buffer against potential losses, ensuring that banks remain adequately capitalized and risk-resilient. Therefore, the required general provision is 15%.
Two persons A and B lent certain amount at the same rate of interest for two and three years respectively under compound interest. If their final amount...
Identify the figure given in the options which when put in place of? will logically complete the series.
Statements:
1) All breads are cakes.
2) Some cakes are pastries.
3) All pastries are toffees.
Conclusions:
I. All...
In a certain code language,
'see their dresses' is coded as 'ti ve su',
'dresses we see' is coded as 'nx ti ve',
'we see their part...
How many right angled triangles can be made from the given shape?
Which of the following numbers will replace the question mark (?) in the given series?
239, 274, 309, 354, 399, 454, ?
What approximate value will come in place of the question mark (?) in the following equation?
49.85 – 5.31 + 9.97 =?
Select the letter-cluster that can replace the (?) in the following series.
DEB, IJG, NOL, ?, XVV
‘IPL’ is related to ‘Cricket’ in the same way as ‘Wimbledon’ is related to ‘ ___________’.
A paper is folded and cut as shown below. How will it appear when unfolded?
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