Question
Assets categorized in stage 3 cannot be directly brought
to Stage 1 even after the irregularities are rectified, for how much time bank must keep stage 3 asset in stage 2 before the same can be brought to stage 1?Solution
Banks should keep a stage 3 asset in stage 2 for a minimum period of six months after all the irregularities are rectified (cooling off period) before the same is brought to stage 1.
In the absence of an explicit contract, under what condition can a pawnee retain goods pledged for a debt as per the Special Contract Act?
According to the SEBI Act the Securities Appellate Tribunal shall________________
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Consider the following statements regarding Section 43 of the Information Technology Act, 2000:
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