CAIIB · BFM

Asset classification and provisioning norms

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Bank Financial Management — CAIIB.

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Q

What is the meaning of NPA in the context of asset classification?

A

A Non-Performing Asset (NPA) is a loan or advance where interest or principal has remained overdue for more than 90 days in a term loan, or the account remains out of order for 90 days in case of cash credit/overdraft.

Q

What is the classification period for a Sub-Standard Asset before it becomes Doubtful?

A

12 months of remaining sub-standard

Q

What is the 90-day norm for NPA classification introduced by RBI?

A

RBI introduced the 90-day overdue norm for NPA classification from March 31, 2004, replacing the earlier 180-day norm, aligning Indian banks with international best practices.

Q

What is the provisioning rate for secured portion of Doubtful Assets in D3 category?

A

100 percent provision required

Q

How are agricultural advances classified as NPA?

A

In agricultural advances, a loan is classified as NPA if interest or principal remains overdue for two crop seasons for short-duration crops or one crop season for long-duration crops.

Q

What is the provisioning rate for the unsecured portion of Sub-Standard Assets?

A

25 percent of outstanding balance

Q

What are the four categories of asset classification under RBI norms?

A

RBI classifies bank assets into four categories: Standard Assets, Sub-Standard Assets, Doubtful Assets, and Loss Assets.

Q

What is the minimum period an account must remain in NPA before being classified as Doubtful?

A

12 months as sub-standard asset

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