INSUBCONTINENT EXCLUSIVE:
The Reserve Bank of India (RBI) said on Monday banks should disclose bad loan divergences if the additional provisioning has exceeded 10 per
cent of the company's profit before provision and contingencies.The central bank altered the additional provisioning requirements, which
previously stated that banks should disclose divergences if the provisioning has exceeded 15 per cent of net profit after tax.However, the
RBI did not change any rules that permit lenders to reveal divergences if the additional gross non-performing asset (NPA) exceeded 15 per
cent of the reported incremental gross NPAs.Get the latest election news, live updates and election schedule for Lok Sabha Elections 2019 on
TheIndianSubcontinent.com/elections
Like us on Facebook or follow us on Twitter and Instagram for updates from each of the 543 parliamentary seats for the 2019 Indian general
