Question
When an asset is upgraded from an NPA status back to a
Standard Asset, what is the regulatory requirement regarding the restoration of its classification?Solution
If arrears of interest and principal are paid in full by the borrower, the account can be upgraded to a "Standard" asset immediately, subject to compliance with specific restructuring guidelines if applicable.
Which of the following cannot be qualified to be a Judicial Member of SAT?
The power of supreme court to transfer cases and appeals from one High Court to another High Court can be exercised on an application by :
Which of the following are the provisions of judgment under CPC?
Which of these insurance claims can be taxed as Capital Gains Tax?
The Court has power to issue Commission for what purpose?
Which of the following correctly explains a Tort?
In a civil suit, what is the purpose of a temporary injunction?
Which of the following is incorrect with respect to the information that are required to be incorporated in the Memorandum of Association of a Company?
What is the maximum period an Executive Magistrate may authorize the detention of an accused in custody?
Where there is an unconditional contract for the sale of specific goods in a deliverable state, the property in the goods passes to the buyer
