Respected sir .. first of all thankyou for posting such an informative video ...please give confirmation/clarification as to whether Large Advance pertains to a single account or aggregate accounts of a single borrower.@1:10:10 Annexure to LFAR clearly states ''SINGLE ACCOUNTS"". LFAR Guidelines states Large advances are those in respect of which the outstanding amount is in excess of 10% of outstanding aggregate balance of fund based and non-fund based advances of the branch or Rs.10 crores, whichever is less. Thus on combine reading of above two, single account of a borrower if exceeds the threshold limit are termed as LArge Advance. Plz give clarifications(mention circular/notification) in this regard ...thanks in advance.
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Respected sir .. first of all thankyou for posting such an informative video ...please give confirmation/clarification as to whether Large Advance pertains to a single account or aggregate accounts of a single borrower.@1:10:10
Annexure to LFAR clearly states ''SINGLE ACCOUNTS"".
LFAR Guidelines states Large advances are those in respect of
which the outstanding amount is in excess of 10% of
outstanding aggregate balance of fund based and non-fund
based advances of the branch or Rs.10 crores, whichever is
less.
Thus on combine reading of above two, single account of a borrower if exceeds the threshold limit are termed as LArge Advance.
Plz give clarifications(mention circular/notification) in this regard ...thanks in advance.
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Sir, kindly provide the PPT.
Sir can u plz share ur ppt with us..