Prudential norms

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..... when it is actually realised and any such income recognised before the asset became non-performing and which remains unrealised in a year shall be reversed in the profit and loss account of the immediately succeeding year. (3) (a) In respect of mortgage loans, the classification of assets and the provisioning required shall be as under: NATURE OF ASSET PROVIS .....

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..... ed. (4) In case of companies which were incorporated on or before 26-07-2001, such companies shall make provisions in respect of loans disbursed and outstanding as on 31-03-2002 for income reversal and non-performing assets as per table given below: For the year ended Extent of provision 31-03- 2015 Un-provided balance on .....

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..... 1 [ or silver ] or jewellery shall either be recovered or renewed within three months from the due date of repayment; (b) if the loan is not recovered or renewed and the security is not sold within the aforesaid period of three months, the company shall make provision in the current year s financial statements to the extent of unrealised amount or the aggregate outstanding amount of loan incl .....

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