Mathematics · Banking Financial Calculations
A bank branch has an outstanding Doubtful Asset (D2 category - doubtful for 1 to 3 years) with a total balance of ₹80,00,000. The value of tangible security held against this loan is ₹50,00,000. No ECGC or CGTMSE cover is available. Calculate the total provision required to be maintained by the bank for this account as per RBI Prudential Norms.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 180,00,000 INR
- 242,00,000 INR✓
- 350,00,000 INR
- 432,00,000 INR
Correct answer
42,00,000 INR
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