Results 1 to 6 of 6

Thread: Non banking assets

  1. #1
    Join Date
    Apr 2007
    Posts
    25

    Default Non banking assets

    A banking co may have to take possession of a certain asset charged in its fovour on account of the failure of a debtor to repay the loan in time.

  2. #2
    Join Date
    Apr 2007
    Posts
    15

    Default

    K.for how many years can a bank have the possession of the asset,which side of the B/s does it apper.

  3. #3
    Join Date
    Apr 2007
    Posts
    25

    Default

    It shold be disposed off within 7 years of its acquisition by the bank.Income/loss from such an asset has to be shown seprately in the profit and loss account of the banking co.

  4. #4
    Join Date
    Apr 2007
    Posts
    15

    Default

    Thakns for clearing the dobt.

  5. #5
    Join Date
    Jul 2009
    Posts
    1

    Default

    what's the meaning of provision for possible losses

  6. #6
    Join Date
    Jul 2009
    Posts
    2

    Default

    There was a significant decline in the non-performing assets (NPAs) of SCBs in 2003-04, despite adoption of 90 day delinquency norm from March 31, 2004. The gross NPAs of SCBs declined from 4.0 per cent of total assets in 2002-03 to 3.3 per cent in 2003-04.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •