Glossary Terms

04

Nov'17

Special Mention Accounts (SMA)

Special Mention Accounts are those assets/accounts that shows symptoms of bad asset quality in the first 90 days itself or …

Read More

04

Nov'17

Default of loan

Simply, default means non-payment of a loan availed by a borrower.

Read More

04

Nov'17

Strategic Debt Restructuring (SDR)

SDR is a scheme designed to recover bad assets of banks. Or in other words, it aims to convert bad …

Read More

04

Nov'17

Resolution Corporation

As per the Financial Resolution and Deposit Insurance Bill, 2017l, a Resolution Corporation will be formed to look after the …

Read More

04

Nov'17

Provisioning Coverage Ratio

Provisioning coverage ratio is the percentage of bad assets/classified assets that the bank has to provide for (keep money) from …

Read More

04

Nov'17

Written off Assets

Written off assets are those the bank or lender doesn’t count the money borrower owes to it. The financial statement of …

Read More

04

Nov'17

Restructured loans

Restructured asset or loan are that assets which got an extended repayment period, reduced interest rate, converting a part of …

Read More

04

Nov'17

Stressed Assets

Stressed assets = NPAs + Restructured loans + Written off assets Stressed assets are a powerful indicator of the health …

Read More

04

Nov'17

Loss asset

According to the RBI’s asset qualification norms, “a loss asset is the one where loss has been identified by the …

Read More

04

Nov'17

Doubtful asset

An asset would be classified as doubtful if it has remained in the sub­standard category for a period of more …

Read More
LMS © IndianEconomy.net. All rights reserved.