Consumer education literature

The presentation follows the goal to educate the Customers related to classification of Loan and Advances as per IRACP Norms of RBI.

Reserve Bank of India (RBI) guidelines on Prudential norms on Income Recognition, Asset Classification and Provisioning (IRACP), pertaining to Advances dated April 01, 2022.

What this presentation focusses on?

·        Definition of NPA

·        Out of Order and Overdue status

·        Special Mention Accounts

·        Day end processes of Banks

·        Specific due dates of repayment

·        Project Loan- Classification of NPA

·        Upgradation from NPA status