Question
As per RBI norms, what provisioning is required for
doubtful assets outstanding for 1–3 years?Solution
According to RBI norms, a 30% provisioning is required for the secured portion of a doubtful asset that has remained in the doubtful category for one to three years, while the unsecured portion requires a 100% provision. Doubtful assets are categorized based on the duration for which they have remained doubtful, and the provisioning percentage increases with the length of time the asset has been in this
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