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Topic: Business
Number of pages / Number of words: 5 / 1395
Essay's paper body

of accounts

(ii) Aggregate value (net of provisions) of

accounts sold to SC/RC

(iii) Aggregate consideration

(iv) Additional consideration realized in respect

of accounts transferred in earlier years

(v) Aggregate gain/loss over net book value.

3.4.4 Details of non-performing financial assets purchased/sold

Banks which purchase non-performing financial assets from other banks shall be

required to make the following disclosures in the Notes on Accounts to their

Balance sheets:

A...


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Details of non-performing financial assets purchased:

(Rs. in crore)

Particulars Current

year

Previous

Year

1. (a) No. of accounts purchased during the year

(b) Aggregate outstanding

2. (a) Of these, number of accounts restructured

during the year

(b) Aggregate outstanding

B. Details of non-performing financial assets sold:

(Rs...


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General points of the essay

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