Advances to Primary Agricultural Credit Society (PACS) Farmers Service Society (FSS) ceded to Commercial Banks In case of advances granted under the on-lending system, however, only the particular credit facility […]
All posts by Tina Saha - 370. page
Professional Tax Consultant and Article Writer
Asset Classification to be Borrower-wise not Facility-wise
Asset Classification to be Borrower-wise not Facility-wise All facilities granted to a borrower and investment made in securities issued by the borrower will have to be treated as NPA/NPI and […]
Regularisation Near About Balance Sheet
Regularisation Near About Balance Sheet The asset classification of borrower accounts where a solitary or a few credits are recorded before the balance sheet should be handled with care and […]
Temporary Deficiencies
Temporary Deficiencies The classification of an asset as NPA should be based on the record of recovery. Bank should not classify an advance account as NPA merely due to the […]
Criteria for Classification of Various Types of Credit Facilities
Criteria for Classification of Various Types of Credit Facilities In line with the international best practices and to ensure greater transparency, the RBI has directed the banks to adopt the […]
Non-Performing Assets
Non-Performing Assets Under the guidelines, income recognition, and provisioning in respect of a credit facility are based on its status of classification as performing or nonperforming. A credit facility becomes […]
Guidelines of the Reserve Bank of India on Income Recognition, Asset Classification, Provisioning and Other Related Matters
Guidelines of the Reserve Bank of India on Income Recognition, Asset Classification, Provisioning and Other Related Matters In its report submitted in 1992, the Committee on Financial System set up […]
Sale/ Purchase of NPAs
Sale/ Purchase of NPAs In case of a sale/ purchase of NPAs by the bank, the auditor should examine the policy laid down by the Board of Directors in this […]
Guidelines on Scheme for Sustainable Structuring of Stressed Assets (S4A)
Guidelines on Scheme for Sustainable Structuring of Stressed Assets (S4A) Resolution of large borrowal accounts which are facing severe financial difficulties may, inter-alia, require co-ordinated deep financial restructuring which […]
Treatment of accounts restructured under CDR program:
Treatment of accounts restructured under CDR program: Classification and Provisioning The criteria for classification of accounts will be on the basis of record of recovery as per the existing prudential […]