Question
As per RBI’s recent directive, up to Rs.
___________ loan, the banks can approve without the board’s approval?Solution
RBI recently said banks without their boards’ approval can sanction personal loans up to Rs 5 crore to directors of other banks. The earlier limit was Rs 25 lakh. Unless sanctioned by the board of directors/ management committee, banks should not grant loans and advances aggregating Rs 5 crore and above to any relative other than spouse and minor/ dependent children of their own Chairmen/ Managing Directors or other directors.
A CC account shows frequent excess drawings, decline in stock levels, delays in statutory payments and high turnover in sister concerns. These indicator...
A term loan of ₹70 crore is classified as Doubtful. Realisable value of primary security is ₹40 crore and collateral security is ₹10 crore. The ba...
What is a Private Placement?
Consider the following and select which of them forms a part of capital receipts for the GoI
I.<...
A company shows Profit after Tax ₹14 crore, Depreciation ₹10 crore, Increase in Working Capital ₹6 crore and Term Loan repayment due next year ₹...
How many directors can be appointed by small shareholders in a company?
A doubtful asset (D1) has secured portion of ₹40 crore and unsecured portion of ₹20 crore. The secured portion has remained doubtful for less than o...
A company reported net profit before tax of Rs.36,100. It has raised debt capital of Rs.250,000 through 13% debentures. What is the interest coverage ra...
An NPA account has outstanding of ₹50 crore. The realisable value of security is estimated at ₹30 crore. The borrower offers a one‑time settlement...
As per Ind AS 7, dividend received is shown under:
