Standard assets definition

Standard assets means the asset in respect of which, no default in repayment of principal or payment of interest is perceived and which does not disclose any problem nor carry more than normal risk attached to the business.
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Standard assets means assets classified as standard assets under the RBI’s Master Directions on Non Banking Financial Company Systemically Important Non Deposit Taking Company and Deposit Taking Company (Reserve Bank) Directions, 2016”, as amended or superseded from time to time, which are not overdue for more than 150 days, provided however, that to the extent RBI requirements as amended from time to time define standard assets as being overdue for fewer than 150 days, then such shorter period shall apply to this definition;
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Examples of Standard assets in a sentence

  • Contingent Provisions against Standard assets has been made @ 0.25% of the outstanding standard assets as per RBI directions.

  • Additional provision of 0.25% on Standard assets has also been made during the year, as per stipulation of RBI on Standard assets.

  • Additional provision of 0.40% on Standard assets has also been made during the year, as per stipulation of RBI on Standard assets.

  • The provisioning coverage ratio was 60% • Standard assets provisioning of 85 bps (ECL stage 1 & 2) undeIrnd ASas against requirement of ~40 bps as per RBI and NHB • Capital adequacy ratio (including Tier-II capital) as of 31 March 2019 stood at 20.66%.

  • Standard assets are sufficiently secured with respect to the repayment of both the principal amount and interest.

  • General provisions includes Standard assets provision (including Unhedged Foreign Currency Exposure and Country Risk provision).

  • As per the RBI circular dated 17th January 2011 Company has made general provision of 0.25% of Standard assets.

  • Significant increase in credit risk on other financial instruments of the same counterparty The company catogarises financial assets based on the assumptions, inputs and factors specific to the class of financial assets into High-quality assets, negligible credit risk; Quality assets, low credit risk; Standard assets, moderate credit risk; Substandard assets, relatively high credit risk; Low quality assets, very high credit risk; Doubtful assets, credit- impaired.

  • Standard assets: Where payments are regular Sub-standards assets: Where loan as well as interest remain overdue over a period of 6 months but not exceeding 2 years.

  • In accordance with the "TFRS 16 Leases" Standard assets acquired under finance lease agreements are capitalized at the inception of the lease at the “lower of the fair value of the leased asset or the present value of the amount of cash consideration given for the leased asset”.


More Definitions of Standard assets

Standard assets means assets which are capable of being accurately and fairly valued on an ongoing basis and readily realised within 30 days, whenever required
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Related to Standard assets

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Customer Equipment means any equipment including any Purchased Equipment and any software, other than BT Equipment, used by you in connection with a Service.

  • Customer Interconnection Facilities means all facilities and equipment owned and/or controlled, operated and maintained by Interconnection Customer on Interconnection Customer’s side of the Point of Interconnection identified in the appropriate appendices to the Interconnection Service Agreement and to the Interconnection Construction Service Agreement, including any modifications, additions, or upgrades made to such facilities and equipment, that are necessary to physically and electrically interconnect the Customer Facility with the Transmission System.

  • Interconnection equipment means a group of components or an integrated system owned and operated by the interconnection customer that connects an electric generator with a local electric power system, as that term is defined in Section 3.1.6.2 of IEEE Standard 1547, or with the electric distribution system. Interconnection equipment is all interface equipment including switchgear, protective devices, inverters or other interface devices. Interconnection equipment may be installed as part of an integrated equipment package that includes a generator or other electric source.

  • Monitoring System means a system established by BNY to fulfill the Responsibilities specified in clauses (d) and (e) of Section 1 of Article III of this Agreement.