Export Project Finance Where the actual importer has paid the dues to the bank abroad and the proceeds have not been made good to the bank granting finance due to […]
All posts by Tina Saha - 369. page
Professional Tax Consultant and Article Writer
Takeout Finance
Takeout Finance Takeout finance is the product emerging in the context of the funding of long-term infrastructure projects. Under such an arrangement, the bank or financial institution financing infrastructure projects […]
Post Shipment Supplier’s Credit
Post Shipment Supplier’s Credit In respect of post-shipment credit extended by the banks covering export of goods to countries for which the ECGC’s cover is available, EXIM Bank has introduced […]
Transactions Involving Transfer of Assets through Direct Assignment of Cash Flows and the Underlying Securities
Transactions Involving Transfer of Assets through Direct Assignment of Cash Flows and the Underlying Securities Originating Bank: The asset classification and provisioning rules in respect of the exposure representing the […]
Advances Granted Under Rehabilitation Packages Approved by BIFR/Term Lending Institutions
Advances Granted Under Rehabilitation Packages Approved by BIFR/Term Lending Institutions In respect of advances under rehabilitation package approved by BIFR/term lending institutions, the provision should continue to be made in […]
Agricultural Advances Affected by Natural Calamities
Agricultural Advances Affected by Natural Calamities Paragraph 4.2.13 of the Master Circular deals elaborately with the classification and income recognition issues due to impairment caused by natural calamities. Banks may […]
Advances Against Term Deposits, NSCs, KVPs/ IVPs, etc.
Advances Against Term Deposits, NSCs, KVPs/ IVPs, etc. Advances against Term Deposits, NSCs eligible for surrender, KVP/IVP and life policies need not be treated as NPAs, provided adequate margin is […]
Advances Under Consortium
Advances Under Consortium Consortium advances should be based on the record of recovery of the respective individual member banks and other aspects having a bearing on the recover ability of the […]
Government Guaranteed Advances
Government Guaranteed Advances The credit facilities backed by guarantees of Central Government though overdue may be treated as NPA only when the government repudiates its guarantee when invoked. This exemption […]
Erosion in Value of Securities/ Frauds Committed by Borrowers
Erosion in Value of Securities/ Frauds Committed by Borrowers In respect of accounts where there are potential threats for recovery on account of erosion in the value of security or […]