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    Question

    What is the outstanding balance threshold for

    non-performing borrowal accounts that must be reported as willful defaults?
    A ₹10.00 lakh and above Correct Answer Incorrect Answer
    B ₹15.00 lakh and above Correct Answer Incorrect Answer
    C ₹20.00 lakh and above Correct Answer Incorrect Answer
    D ₹25.00 lakh and above Correct Answer Incorrect Answer
    E ₹30.00 lakh and above Correct Answer Incorrect Answer

    Solution

    Collection and dissemination of information on cases of wilful default of ₹25.00 lakh and above Scheduled UCBs are required to report on a quarterly basis, all cases of wilful defaults, which occurred, or are detected after March 31, 1999 in the proforma given in Annex 3. All non-performing borrowal accounts with outstanding (funded facilities and such non-funded facilities which are converted into funded facilities) aggregating to ₹25.00 lakh and above are to be reported.

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