New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    In case of an infrastructure project, a project finance

    account classified as ‘standard’ shall continue to be classified as ‘standard’ on account of extension of DCCO due to exogenous risks, wherein the allowable deferment of DCCO is up to _______.
    A 1 year Correct Answer Incorrect Answer
    B 1.5 years Correct Answer Incorrect Answer
    C 2 years Correct Answer Incorrect Answer
    D 2.5 years Correct Answer Incorrect Answer
    E 3 years Correct Answer Incorrect Answer

    Solution

    A project finance account classified as ‘standard’ in the books of REs shall continue to be classified as ‘standard’ on account of extension of DCCO and consequential shift in repayment schedule for equal or shorter duration (including the start date and end date of revised repayment schedule) under the following conditions: 

    Practice Next

    Relevant for Exams: