RBI clears fog on special provisioning - THEMARKETTRENDZ

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Tuesday, 5 May 2020

RBI clears fog on special provisioning

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.

from Banking/Finance-Industry-Economic Times
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