An SMA2 loan which has been given moratorium and is not serviced by the borrower becomes an NPA by March 30. Such a loan will attract a total provisioning of 10% — of which 5% will be as of March-end and another 5% at the close of the June quarter.source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-clears-fog-on-special-provisioning/articleshow/75563230.cms
No comments:
Post a Comment