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”.