Podcast
Questions and Answers
Which factor has a significant impact on the overall financial health of the Bank?
Which factor has a significant impact on the overall financial health of the Bank?
- Income Recognition and Asset Classification norms
- Proactive management
- Interest spreads
- Loan assets quality (correct)
What is the purpose of the Income Recognition and Asset Classification (IRAC) norms?
What is the purpose of the Income Recognition and Asset Classification (IRAC) norms?
- To reduce credit risks (correct)
- To make provisions for NPAs
- To increase profitability
- To eliminate NPAs
What are the three categories in which NPAs are classified?
What are the three categories in which NPAs are classified?
- Standard, doubtful, loss
- Standard, substandard, doubtful
- Performing, non-performing, substandard
- Substandard, doubtful, loss (correct)
How do banks aim to reduce or eliminate NPAs?
How do banks aim to reduce or eliminate NPAs?
Why is it important for banks to keep NPAs at a low level?
Why is it important for banks to keep NPAs at a low level?
Which document approved by the Board led to the renaming of the 'Loan Monitoring and Recovery Policy' to 'Non-performing Assets Recovery Policy'?
Which document approved by the Board led to the renaming of the 'Loan Monitoring and Recovery Policy' to 'Non-performing Assets Recovery Policy'?
When was the latest modification approved by the Board for the 'Non-performing Assets Recovery Policy'?
When was the latest modification approved by the Board for the 'Non-performing Assets Recovery Policy'?
What is the purpose of the 'Non-performing Assets Recovery Policy'?
What is the purpose of the 'Non-performing Assets Recovery Policy'?
How many modifications were approved by the Board for the 'Non-performing Assets Recovery Policy' in 2015?
How many modifications were approved by the Board for the 'Non-performing Assets Recovery Policy' in 2015?
Who approved the modifications for the 'Non-performing Assets Recovery Policy' in addition to the Board?
Who approved the modifications for the 'Non-performing Assets Recovery Policy' in addition to the Board?
