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5. Provisioning norms

5.1 General

5.1.1 In order to narrow down the divergences and ensure adequate provisioning by banks, t was suggested that a bank's statutory auditors, if they so desire, could have a dialogue with RBI's Regional Office/ inspectors who carried out the bank's inspection during the previous year with regard to the accounts contributing to the difference.

5.1.2 Pursuant to this, regional offices were advised to forward a list of individual advances, where the variance in the provisioning requirements between the RBI and the bank is above certain cut off levels so that the bank and the statutory auditors take into account the assessment of the RBI while making provisions for loan loss, etc.

5.1.3 The primary responsibility for making adequate provisions for any diminution in the value of loan assets, investment or other assets is that of the bank managements and the statutory auditors. The assessment made by the inspecting officer of the RBI is furnished to the bank to assist the bank management and the statutory auditors in taking a decision in regard to making adequate and necessary provisions in terms of prudential guidelines.

5.1.4 In conformity with the prudential norms, provisions should be made on the non-performing assets on the basis of classification of assets into prescribed categories as detailed in paragraphs 4 supra. Taking into account the time lag between an account becoming doubtful of recovery, its recognition as such, the realisation of the security and the erosion over time in the value of security charged to the bank, the banks should make provision against sub-standard assets, doubtful assets and loss assets as below:

5.2 Loss assets

The entire asset should be written off. If the assets are permitted to remain in the books for any reason, 100 percent of the outstanding should be provided for.

5.3 Doubtful assets

i) 100 percent of the extent to which the advance is not covered by the realisable value of the security to which the bank has a valid recourse and the realisable value is estimated on a realistic basis.

ii) In regard to the secured portion, provision may be made on the following basis, at the rates ranging from 20 percent to 50 percent of the secured portion depending upon the period for which the asset has remained doubtful:

Period for which the advance has been considered as doubtful	Provision requirement (%)
Up to one year	20
One to three years	30
More than three years	50

iii) Additional provisioning consequent upon the change in the definition of doubtful assets (vide para 4.1.2 above) effective from March 31, 2001 was to be made in phases as under:

As on 31.03.2001, 50 percent of the additional provisioning requirement on the assets which became doubtful on account of new norm of 18 months for transition from sub-standard asset to doubtful category.

As on 31.03.2002, balance of the provisions not made during the previous year, in addition to the provisions needed, as on 31.03.2002.

iv) Banks are permitted to phase the additional provisioning consequent upon the reduction in the transition period from substandard to doubtful asset from 18 to 12 months over a four year period commencing from the year ending March 31, 2005, with a minimum of 20 % each year.

Note: Valuation of Security for provisioning purposes

With a view to bringing down divergence arising out of difference in assessment of the value of security, in cases of NPAs with balance of Rs. 5 crore and above stock audit at annual intervals by external agencies appointed as per the guidelines approved by the Board would be mandatory in order to enhance the reliability on stock valuation. Collaterals such as immovable properties charged in favour of the bank should be got valued once in three years by valuers appointed as per the guidelines approved by the Board of Directors.

5.4 Sub-standard assets

A general provision of 10 percent on total outstanding should be made without making any allowance for DICGC/ECGC guarantee cover and securities available.

5.5 Standard assets

(i) From the year ending 31.03.2000, the banks should make a general provision of a minimum of 0.25 percent on standard assets on global loan portfolio basis.

(ii) The provisions on standard assets should not be reckoned for arriving at net NPAs.

(iii)The provisions towards Standard Assets need not be netted from gross advances but shown separately as 'Contingent Provisions against Standard Assets' under 'Other Liabilities and Provisions - Others' in Schedule 5 of the balance sheet.

5.6 Floating provisions

Some of the banks make a 'floating provision' over and above the specific provisions made in respect of accounts identified as NPAs. The floating provisions, wherever available, could be set-off against provisions required to be made as per above stated provisioning guidelines. Considering that higher loan loss provisioning adds to the overall financial strength of the banks and the stability of the financial sector, banks are urged to voluntarily set apart provisions much above the minimum prudential levels as a desirable practice.

5.7 Provisions on Leased Assets

i) Sub-standard assets

a) 10 percent of the 'net book value'.

b) As per the 'Guidance Note on Accounting for Leases' issued by the ICAI, 'Gross book value' of a fixed asset is its historical cost or other amount substituted for historical cost in the books of account or financial statements. Statutory depreciation should be shown separately in the Profit & Loss Account. Accumulated depreciation should be deducted from the Gross Book Value of the leased asset in the balance sheet of the lessor to arrive at the 'net book value'.

c) Also, balance standing in 'Lease Adjustment Account' should be adjusted in the 'net book value' of the leased assets. The amount of adjustment in respect of each class of fixed assets may be shown either in the main balance sheet or in the Fixed Assets Schedule as a separate column in the section related to leased assets.

ii) Doubtful assets

100 percent of the extent to which the finance is not secured by the realisable value of the leased asset. Realisable value to be estimated on a realistic basis. In addition to the above provision, the following provision on the net book value of the secured portion should be made, depending upon the period for which asset has been doubtful:

Period	%age of provision
Up to one year	20
One to three years	30
More than three years	50

iii) Loss assets

The entire asset should be written-off. If for any reason, an asset is allowed to remain in books, 100 percent of the 'net book value' should be provided for.

5.8 Guidelines for Provisions under Special Circumstances

5.8.1 Government guaranteed advances

i. With effect from 31 March 2000, in respect of advances sanctioned against State Government guarantee, if the guarantee is invoked and remains in default for more than two quarters (180 days at present), the banks should make normal provisions as prescribed in paragraph 4.1.2 above.

ii. As regards advances guaranteed by State Governments, in respect of which guarantee stood invoked as on 31.03.2000, necessary provision was allowed to be made, in a phased manner, during the financial years ending 31.03.2000 to 31.03.2003 with a minimum of 25 percent each year.

5.8.2 Advances granted under rehabilitation packages approved by BIFR/term lending institutions

i. In respect of advances under rehabilitation package approved by BIFR/term lending institutions, the provision should continue to be made in respect of dues to the bank on the existing credit facilities as per their classification as sub-standard or doubtful asset.

ii. As regards the additional facilities sanctioned as per package finalised by BIFR and/or term lending institutions, provision on additional facilities sanctioned need not be made for a period of one year from the date of disbursement.

iii. In respect of additional credit facilities granted to SSI units which are identified as sick [as defined in RPCD circular No.PLNFS.BC.57 /06.04.01/2001-2002 dated 16 January 2002] and where rehabilitation packages/nursing programmes have been drawn by the banks themselves or under consortium arrangements, no provision need be made for a period of one year.

5.8.3 Advances against term deposits, NSCs eligible for surrender, IVPs, KVPs, and life policies are exempted from provisioning requirements.

5.8.4 However, advances against gold ornaments, government securities and all other kinds of securities are not exempted from provisioning requirements.

5.8.5 Treatment of interest suspense account

Amounts held in Interest Suspense Account should not be reckoned as part of provisions. Amounts lying in the Interest Suspense Account should be deducted from the relative advances and thereafter, provisioning as per the norms, should be made on the balances after such deduction.

5.8.6 Advances covered by ECGC/ DICGC guarantee

In the case of advances guaranteed by DICGC/ECGC, provision should be made only for the balance in excess of the amount guaranteed by these Corporations. Further, while arriving at the provision required to be made for doubtful assets, realisable value of the securities should first be deducted from the outstanding balance in respect of the amount guaranteed by these Corporations and then provision made as illustrated hereunder:

Example

Outstanding Balance	Rs. 4 lakhs
DICGC Cover	50 percent
Period for which the advance has remained doubtful	More than 3 years remained doubtful
Value of security held (excludes worth of Rs.)	Rs. 1.50 lakhs

Provision required to be made

Outstanding balance	Rs. 4.00 lakhs
Less: Value of security held	Rs. 1.50 lakhs
Unrealised balance	Rs. 2.50 lakhs
Less: DICGC Cover (50% of unrealisable balance)	Rs. 1.25 lakhs
Net unsecured balance	Rs. 1.25 lakhs
Provision for unsecured portion of advance	Rs. 1.25 lakhs (@ 100 percent of unsecured portion)
Provision for secured portion of advance	Rs. 0.75 lakhs (@ 50 percent of secured portion)
Total provision required to be made	Rs. 2.00 lakhs

5.8.7 Advance covered by CGTSI guarantee

In case the advance covered by CGTSI guarantee becomes non-performing, no provision need be made towards the guaranteed portion. The amount outstanding in excess of the guaranteed portion should be provided for as per the extant guidelines on provisioning for non-performing advances. Two illustrative examples are given below:

Example I

Asset classification status:	Doubtful-More than 3 years;
CGTSI Cover	75% of the amount outstanding or 75% of the unsecured amount or Rs.18.75 lakh, whichever is the least
Realisable value of Security	Rs.1.50 lakh
Balance outstanding	Rs.10.00 lakh
Less Realisable value of security	Rs. 1.50 lakh
Unsecured amount	Rs. 8.50 lakh
Less CGTSI cover (75%)	Rs. 6.38 lakh
Net unsecured and uncovered portion:	Rs. 2.12 lakh
		Provision Required
Secured portion	Rs.1.50 lakh	Rs. 0.75 lakh (@ 50%)
Unsecured & uncovered portion	Rs.2.12 lakh	Rs. 2.12 lakh ( 100%)
Total provision required		Rs. 2.87 lakh

Example II

Asset classification status	Doubtful-More than 3 years;
CGTSI Cover	75% of the amount outstanding or75% of the unsecured amount or Rs.18.75 lakh, whichever is the least
Realisable value of Security	Rs.10.00 lakh
Balance outstanding	Rs.40.00 lakh
Less Realisable value of security	Rs. 10.00 lakh
Unsecured amount	Rs. 30.00 lakh
Less CGTSI cover (75%)	Rs. 18.75 lakh
Net unsecured and uncovered portion:	Rs. 11.25 lakh
		Provision Required
Secured portion	Rs.10.00 lakh	Rs. 5.00 lakh (@ 50%)
Unsecured & uncovered portion	Rs.11.25 lakh	Rs.11.25 lakh (100%)
Total provision required		Rs. 16.25 lakh

5.8.8 Take-out finance

The lending institution should make provisions against a 'take-out finance' turning into NPA pending its take-over by the taking-over institution. As and when the asset is taken-over by the taking-over institution, the corresponding provisions could be reversed.

5.8.9 Reserve for Exchange Rate Fluctuations Account (RERFA)

When exchange rate movements of Indian rupee turn adverse, the outstanding amount of foreign currency denominated loans (where actual disbursement was made in Indian Rupee) which becomes overdue, goes up correspondingly, with its attendant implications of provisioning requirements. Such assets should not normally be revalued. In case such assets need to be revalued as per requirement of accounting practices or for any other requirement, the following procedure may be adopted:

The loss on revaluation of assets has to be booked in the bank's Profit & Loss Account.

Besides the provisioning requirement as per Asset Classification, banks should treat the full amount of the Revaluation Gain relating to the corresponding assets, if any, on account of Foreign Exchange Fluctuation as provision against the particular assets.

5.8.10 Provisioning for country risk

Banks shall make provisions, with effect from the year ending 31 March 2003, on the net funded country exposures on a graded scale ranging from 0.25 to 100 percent according to the risk categories mentioned below. To begin with, banks shall make provisions as per the following schedule:

Risk category	ECGC classification	Provisioning requirement (per cent)
Insignificant	A1	0.25
Low	A2	0.25
Moderate	B1	5
High	B2	20
Very high	C1	25
Restricted	C2	100
Off-credit	D	100

For the present, only in respect of the country, where a bank’s net funded exposure is 2 per cent or more of its total assets, the bank is required to make provision for dealing with that country risk exposure.

The provision for country risk shall be in addition to the provisions required to be held according to the asset classification status of the asset. In the case of ‘loss assets’ and ‘doubtful assets’, provision held, including provision held for country risk, may not exceed 100% of the outstanding.

Banks may not make any provision for ‘home country’ exposures i.e exposure to India. The exposures of foreign branches of Indian banks to the host country should be included. Foreign banks shall compute the country exposures of their Indian branches and shall hold appropriate provisions in their Indian books. However, their exposures to India will be excluded.

Banks may make a lower level of provisioning (say 25% of the requirement) in respect of short-term exposures (i.e. exposures with contractual maturity of less than 180 days).

5.8.11 Provisioning norms for sale of financial assets to Securitisation Company (SC) / Reconstruction company (RC)-

i. If the sale of financial assets to SC/RC, is at a price below the net book value (NBV) ( i.e. book value less provisions held) , the shortfall should be debited to the profit and loss account of that year.

ii. If the sale is for a value higher than the NBV, the excess provision will not be reversed but will be utilized to meet the shortfall/loss on account of sale of other financial assets to SC/RC.

iii. With a view to enabling banks to meet the shortfall , if any, banks are advised to build up provisions significantly above the minimum regulatory requirements for their NPAs, particularly for those assets which they propose to sell to securitisation/reconstruction companies.

6. Writing-off of NPAs

6.1 In terms of Section 43(D) of the Income Tax Act 1961, income by way of interest in relation to such categories of bad and doubtful debts as may be prescribed having regard to the guidelines issued by the RBI in relation to such debts, shall be chargeable to tax in the previous year in which it is credited to the bank’s profit and loss account or received, whichever is earlier.

6.2 This stipulation is not applicable to provisioning required to be made as indicated above. In other words, amounts set aside for making provision for NPAs as above are not eligible for tax deductions.

6.3 Therefore, the banks should either make full provision as per the guidelines or write-off such advances and claim such tax benefits as are applicable, by evolving appropriate methodology in consultation with their auditors/tax consultants. Recoveries made in such accounts should be offered for tax purposes as per the rules.

6.4 Write-off at Head Office Level

Banks may write-off advances at Head Office level, even though the relative advances are still outstanding in the branch books. However, it is necessary that provision is made as per the classification accorded to the respective accounts. In other words, if an advance is a loss asset, 100 percent provision will have to be made therefor.

Annexure I

Reporting Format for Non-Performing Assets-Gross and Net Position

[Vide paragraph 3.5]

Name of the Bank:

Position as on …………………………..

(Rupees in crore up to two decimals)
Particulars	Amount
1. Gross advances *
2. Gross NPAs *
3. Gross NPAs as a percentage of gross advances
4. Total Deductions (i+ii+iii+iv)
i) Balance in Interest Suspense account$
ii) DICGC/ECGC claims received and held pending adjustment
iii) Part payment received and kept in suspense account
iv) Total provisions held **
5. Net advances (1-4)
6. Net NPAs (2-4)
7. Net NPAs as a percentage of net Advances

*excluding Technical write off of Rs. ………. crore.

** excluding amount of technical write off (Rs…….. …crores) and provision on standard assets (Rs………..crore)

$ banks which do not maintain an Interest Suspense account to park the accrued interest on NPAs, may furnish the amount of interest receivable on NPAs as a foot note to this statement

Note: For the purpose of this Statement, ‘gross advances’ mean all outstanding loans and advances including advances for which refinance has been received but excluding rediscounted bills, and advances written off at Head Office level (Technical write off).

Annexure II

Relevant extract of the list of direct agricultural advances from the Master Circular on lending to priority sector - RPCD. PLAN. BC. 42A/ 04.09.01/ 2001-02 dated 11 November, 2002.

1.1 Direct Finance to Farmers for Agricultural Purposes

1.1.1 Short-term loans for raising crops i.e. for crop loans. In addition, advances upto Rs.5 lakh to farmers against pledge/ hypothecation of agricultural produce (including warehouse receipts) for a period not exceeding 12 months, where the farmers were given crop loans for raising the produce, provided the borrowers draw credit from one bank.

1.1.2 Medium and long-term loans (Provided directly to farmers for financing production and development needs).

(i) Purchase of agricultural implements and machinery

(a) Purchase of agricultural implements - Iron ploughs, harrows, hose, land-levellers, bundformers, hand tools, sprayers, dusters, hay-press, sugarcane crushers, thresher machines, etc.

(b) Purchase of farm machinery - Tractors, trailers, power tillers, tractor accessories viz., disc ploughs, etc.

(c) Purchase of trucks, mini-trucks, jeeps, pick-up vans, bullock carts and other transport equipment, etc. to assist the transport of agricultural inputs and farm products.

(d) Transport of agricultural inputs and farm products.

(e) Purchase of plough animals.

(ii) Development of irrigation potential through –

(a) Construction of shallow and deep tube wells, tanks, higher etc., and purchase of drilling units.

(b) Constructing, deepening clearing of surface wells, boring of wells, electrification of wells, purchase of oil engines and installation of electric motor and pumps.

(c) Purchase and installation of turbine pumps, construction of field channels (open as well as underground), etc.

(d) Construction of lift irrigation project.

(e) Installation of sprinkler irrigation system.

(f) Purchase of generator sets for energisation of pumpsets used for agricultural purposes.

(iii) Reclamation and Land Development Schemes

Bunding of farm lands, levelling of land, terracing, conversion of dry paddy lands into wet irrigable paddy lands, wasteland development, development of farm drainage, reclamation of soil lands and prevention of salinisation, reclamation of ravine lands, purchase of bulldozers, etc.

(iv) Construction of farm buildings and structures, etc.

Bullock sheds, implement sheds, tractor and truck sheds, farm stores, etc.

(v) Construction and running of storage facilities

Construction and running of warehouses, godowns, silos and loans granted to farmer for establishing cold storages used for storing own produce.

(vi) Production and processing of hybrid seeds for crops.

(vii) Payment of irrigation charges, etc.

Charges for hired water from wells and tube wells, canal water charges, maintenance and upkeep of oil engines and electric motors, payment of labour charges, electricity charges, marketing charges, service charges to Customs Service Units, payment of development cess, etc.

(viii) Other types of direct finance to farmers

(a) Short-term loans

To traditional/non-traditional plantations and horticulture.

(b) Medium and long term loans


1. Development loans to all plantations, horticulture, forestry and wasteland.

2. Financing of small and marginal farmers for purchase of land for agricultural purposes.

Master Circular on Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances

List of Circulars consolidated by the Master Circular

No.	Circular No.	Date	Subject	Para No.
1.	DBOD No. BP.BC 96/21.04.048/2002-03	23.04.2003	Guidelines on sale of financial assets to Securitisation / reconstruction company and related issues	5.8.11
2.	DBOD BP.BC. NO. 74/21.04.048/2002-2003	27.02.2003	Projects under implementation involving time overrun	4.2.16
3.	DBOD No. BP.BC. 71/21.04.103/2002-2003	19.02.2003	Risk Management Systems in Banks - Guidelines on Country Risk Management	5.8.10
4.	DBOD BP.BC. No. 69/21.04.048/2002-03	10.02.2003	Upgradation of loan accounts classified as NPAs	4.2.4
5.	DBOD. BP.BC No. 68/21.04.132/2002-03	05.02.2003	Corporate Debt Restructuring (CDR)	4.2.15
6.	DBOD. BP.BC No. 44/21.04.048/2003-03	30.11.2002	Agricultural loans affected by natural calamities	4.2.12
7.	DBOD No.BP.BC. 108/ 21.04.048/2001-2002	28.05.2002	Income recognition, asset classification and provisioning on advances - treatment of projects under implementation involving time overrun	4.2.16
8.	DBOD No.BP.BC. 101/ 21.01.002/ 2001- 02	09.05.2002	Corporate Debt Restructuring	4.2.15
9.	DBOD No.BP.BC. 100/ 21.01.002/ 2001- 02	09.05.2002	Prudential norms on asset classification	4.1.2
10.	DBOD No.BP.BC. 59/ 21.04.048/2001-2002	22.01.2002	Prudential norms on income recognition, asset classification and provisioning- agricultural advances	4.2.12(i)
11.	DBOD No.BP.BC. 25/ 21.04.048/2000-2001	11.09.2001	Prudential norms on income recognition, asset classification and provisioning	4.2.14 (v)
12.	DBOD No.BP.BC. 15 / 21.04.114/2000-2001	23.08.2001	Corporate Debt Restructuring	4.2.15
13.	DBOD No.BP.BC. 132/ 21.04.048/2000-2001	14.06.2001	Income Recognition, Asset Classification and Provisioning for Advances	4.2.2, 4.2.3, 4.2.5, 4.2.6(ii), 4.2.7, 4.2.8
14.	DBOD No. BP.BC. 128/ 21.04.048/2000-2001	07.06.2001	SSI Advances Guaranteed by CGTSI -Risk-weight and provisioning norms	5.8.7
15.	DBOD No. BP. BC. 116 /21.04.048/ 2000-2001	02.05.2001	Monetary & Credit Policy Measures 2001-02	2.1.2, 2.1.3
16.	DBOD No. BP. BC. 98/ 21.04.048/ 2000-2001	30.03.2001	Treatment of Restructured Accounts	4.2.14
17.	DBOD No. BP. BC. 40 / 21.04.048/ 2000-2001	30.10.2000	Income Recognition, Asset Classification and Provisioning - Reporting of NPAs to RBI	3.5
18.	DBOD.No.BP.BC.161/21.04.048/ 2000	24.04.2000	Prudential Norms on Capital Adequacy, Income Recognition, Asset Classification and Provisioning, etc.	5.5
19.	DBOD.No.BP.BC.144/21.04.048/ 2000	29.02.2000	Income Recognition, Asset Classification and Provisioning and Other Related Matters and Adequacy Standards - Takeout Finance	4.2.18, 5.8.8
20.	DBOD.No.BP.BC.138/21.04.048/ 2000	07.02.2000	Income Recognition, Asset Classification and Provisioning - Export Project Finance	4.2.20
21.	DBOD.No.BP.BC.103/21.04.048/ 99	21.10.99	Income Recognition, Asset Classification and Provisioning - Agricultural Finance by Commercial Banks through Primary Agricultural Credit Societies	4.2.9
22.	DBOD.No.FSC.BC.70/24.01.001/ 99	17.07.99	Equipment Leasing Activity - Accounting/ Provisioning Norms	3.2.3, 5.7
23.	DBOD.No.BP.BC.45/21.04.048/99	10.05.99	Income Recognition, Asset Classification and Provisioning - Concept of Commencement of Commercial Production	4.2.14
24.	DBOD.No.BP.BC.120/21.04.048/ 98	29.12.98	Prudential Norms on Income Recognition, Asset Classification and Provisioning - Agricultural Loans Affected by Natural Calamities	4.2.12(ii) & (iii)
25.	DBOD.No.BP.BC.103/21.01.002/ 98	31.10.98	Monetary & Credit Policy Measures	4.1.1, 4.1.2, 5.5, 5.8.1
26.	DBOD.No.BP.BC.17/21.04.048/98	04.03.98	Prudential Norms on Income Recognition, Asset Classification and Provisioning - Agricultural Advances	4.2.12
27.	DOS. No. CO.PP. BC.6/ 11.01.005/ 96-97	15.05.97	Assessments relating to asset valuation and loan loss provisioning	5.1.3
28.	DBOD.No.BP.BC.29/21.04.048/97	09.04.97	Income Recognition, Asset Classification and Provisioning - Agricultural Advances	4.2.12
29.	DBOD.No.BP.BC.14/21.04.048/97	19.02.97	Income Recognition, Asset Classification and Provisioning - Agricultural Advances	4.2.12
30.	DBOD.No.BP.BC.9/21.04.048/97	29.01.97	Prudential Norms - Capital Adequacy, Income Recognition, Asset Classification and Provisioning	4.2.3, 4.2.4, 4.2.7
31.	DBOD.No.BP.BC.163/21.04.048/ 96	24.12.96	Classification of Advances with Balance Less than Rs. 25,000/-	4.1
32.	DOS. No.CO.BC.21/ 11.02.826/ 96-97	31.10.96	Assessments relating to asset valuation and loan loss provisioning	5.1.1
33.	DBOD.No.BP.BC.65/21.04.048/96	04.06.96	Income Recognition, Asset Classification and Provisioning	4.2.7
34.	DBOD.No.BP.BC.26/21.04.048/96	19.03.96	Non-Performing Advances - Reporting to RBI	3.5
35.	DBOD.No.BP.BC.25/21.04.048/96	19.03.96	Income Recognition, Asset Classification and Provisioning	4.2.7, 4.2.13, 6.4
36.	DBOD.No.BP.BC.134/21.04.048/ 95	20.11.95	EXIM Bank's New Lending Programme Extension of Guarantee-cum-Refinance to Commercial Bank in respect of Post-shipment Supplier's Credit	4.2.19
37.	DBOD.No.BP.BC.36/21.04.048/95	03.04.95	Income Recognition, Asset Classification and Provisioning	3.2.2, 3.3, 4.2.19, 5.8.2(i), (ii)
38.	DBOD.No.BP.BC.134/21.04.048/ 94	14.11.94	Income Recognition, Asset Classification, Provisioning and Other Related Matters	4.2.19, 5.8.2
39.	DBOD.No.BP.BC.58/21.04.048-94	16.05.94	Income Recognition, Asset Classification and Provisioning and Capital Adequacy Norms - Clarifications	5.8.6
40.	DBOD.No.BP.BC.50/21.04.048/94	30.04.94	Income Recognition, Asset Classification and Provisioning	5.8.6
41.	DOS.BC.4/16.14.001/93-94	19.03.94	Credit Monitoring System - Health Code System for Borrowal Accounts	1.3
42.	DBOD.No.BP.BC.8/21.04.043/94	04.02.94	Income Recognition, Provisioning and Other Related Matters	3.1.2, 3.4, 4.2.10, 4.2.21, 5.6,5.8.3, 5.8.4, 5.8.5
43.	DBOD.No.BP.BC.195/21.04.048/ 93	24.11.93	Income Recognition, Asset Classification and Provisioning - Clarifications	4.2.13
44.	DBOD.No.BP.BC.95/21.04.048/93	23.03.93	Income Recognition, Asset Classification, Provisioning and Other Related Matters	6.1 to 6.3
45.	DBOD.No.BP.BC.59/21.04.043-92	17.12.92	Income Recognition, Asset Classification and Provisioning - Clarifications	2.1.2,3.2.1, 3.2.2, 4.2.6(i), 4.2.7, 4.2.8(ii), 4.2.11, 4.2.12, 4.2.13, 4.2.15
46.	DBOD.No.BP.BC.129/21.04.043-92	27.04.92	Income Recognition, Asset Classification, Provisioning and Other Related Matters	1.1, 1.2, 2.1.1, 2.2, 3.1.1,3.1.3, 4.1, 4.1.1, 4.1.2, 4.1.3, 4.2, 5.1, 5.1.2, 5.2, 5.3, 5.4
47.	DBOD.No.BP.BC.42/C.469 (W)-90	31.10.90	Classification of Non-Performing Loans	3.1.1
48.	DBOD.No.Fol.BC.136/C.249-85	07.11.85	Credit Monitoring System - Introduction of Health Code for Borrowal Accounts in Banks	1.3
49.	DBOD.No.BP.BC.35/21.01.002/99	24.04.99	Monetary & Credit Policy Measures	4.2.13(i), 4.2.13 (iv)
50.	DBOD.No.FSC.BC.18/24.01.001/ 93-94	19.02.94	Equipment Leasing, Hire Purchase, Factoring, etc. Activities	2.1, 3.2.3

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