Book traversal links for 4. Doubtful Loans
4. Doubtful Loans
C 28/2010 Effective from 11/11/2010These are loans whose full recovery seems doubtful on the basis of information available, leading, generally, to a loss of part of these loans (when the financial position of the customer is not sound and securities are not sufficient). In such case, a provision of 50% of total loan balance is required.