Tag: income recognition

RBI clarification on Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances  RBI in November 2021 had issued a Circular on Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances.  In response to the queries received seeking certain clarifications, the RBI has …

RBI latest Master Circular on Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances Reserve Bank of India has issued latest Master Circular on Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances. This Circular replaces earlier Master Circular dated 1st July …