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When an advance has remained in the 'doubtful' category for a period of one to three years, the provisioning requirement for the secured portion is 40%. This means that the bank is required to set aside an amount equivalent to 40% of the secured portion of the doubtful asset as a provision. This provisioning reflects the increased risk and uncertainty associated with such assets and helps banks mitigate potential losses.
In the World University Rankings for Innovation (WURI)-2023, which university surpassed Harvard and Oxford in the category of 'Fourth Industrial Revolut...
Where is India’s first diabetes biobank located?
Which city of Madhya Pradesh is home to India’s first modern, self-sufficient gaushala with Bio-CNG plant?
Match the following personalities with their brands/roles:
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Recently, the Government of India has announced to provide humanitarian assistance of 1 million dollars to which country to deal with the devastation ca...
