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      Question

      A borrower shows continuous losses, erosion of net worth

      by 60%, irregular operations in CC account, and diversion of funds to group companies. This exposure should ideally be treated as:
      A Standard Asset with monitoring Correct Answer Incorrect Answer
      B SMA-1 Correct Answer Incorrect Answer
      C Sub-standard Correct Answer Incorrect Answer
      D Doubtful тАУ I Correct Answer Incorrect Answer
      E Wilful Default Account Correct Answer Incorrect Answer

      Solution

      Diversion + erosion of net worth + deliberate non-repayment = Wilful Default.

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