@Worldlywiseinvestors
Thankyou for explaining this sir.
I had one doubt how do we calculate the ageing related provisioning for SR. I mean if the NET SR for a bank is 100cr then how do we come to know how much of provisioning is required for that NET SR if there are no recovery.
I mean how did you come up with the 48cr and 15cr numbers. If you could please further elaborate this.
one more question I had here is suppose you transfer 100cr of asset to ARC which has a net book value of 20cr and against this you get a consideration of 20cr. So in this case you only get to record recovery till 20cr and anything recovered above 20cr goes to ARC is my understanding right here. Please correct me if not.
Thankyou
| Subscribe To Our Free Newsletter |
