Which of the following exposures/counterparties would not be considered to have a SICR as per RBI discussion paper on ECL model for banks:
I.  Stressed exposures classified under a ‘watch-list’ or equivalent classification for stressed exposures
II.  Financial assets, the contractual payments on which are 30 days past due (this is a rebuttable presumption)
III. Counterparties that are overdue for more than 60 days.
IV. Counterparties that are overdue for more than 90 days.

Definition of significant increase in credit risk and definition of default Significant Increase in Credit Risk (SICR) For the purpose of determining SICR, RBI has proposed that: • SICR should be assessed at the level of each counterparty which is holding an instrument (under Ind AS 109, the SICR assessment is at an instrument level) • Following exposures/counterparties would be considered to have a SICR: o Stressed exposures classified under a ‘watch-list’ or equivalent classification for stressed exposures o Financial assets, the contractual payments on which are 30 days past due (this is a rebuttable presumption) o Counterparties that are overdue for more than 60 days.