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i. Adit enterprise took out a loan of 50 lac from Loyal Bank Ltd. There is 10 lac of unrealized interest in an interest suspense account. ii. Eligible collateral includes: 30 lac mortgaged land, 10 lac pledged goods, 10 lac deposit under lien. The 10 lac tin shed is not eligible collateral. iii. The total value of eligible collateral is 30 lac (15 lac from land + 5 lac from goods + 10 lac from deposit). The base for provision is 10 lac, which is the higher of the outstanding amount less collateral (50

Author
Shamima Akter
Language
EN

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