NON PERFORMING ASSETS

The prudent guidelines were first issued by RBI in the year 1991 implemented wef 01.04.1992 on recommendations of Narasimham committee covering, income recognition, asset classification and provisioning. Prudential norms prescribed by RBI include norms relating to Accounting, Exposure, and Capital Adequacy. Prudential accounting norms are income recognition, asset classification and provisioning. Term Loan If Interest and/ or instalment of principal

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Second Bi-monthly Monetary Policy highlight, 2018-19

The Reserve Bank for the first time in four-and-half-years raised key interest rate today by 25 basis points to 6.25 % on inflation concerns arising from surge in international oil prices.   In the second bi-monthly monetary policy for the current fiscal, the central bank revised upwards the retail inflation range to 4.8-4.9 % in the first half of 2018-19,

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Central Registry of Securitisation Asset Reconstruction and Security Interest (CERSAI)

Central Registry of Securitisation Asset Reconstruction and Security Interest (CERSAI) is a central online security interest registry of India. It was primarily created to check frauds in lending against equitable mortgages, in which people would take multiple loans on the same asset from different banks. Central Registry of Securitisation Asset Reconstruction and Security Interest of India is a Government of

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