Question:
What are the rules for Declassification of loan classified by Bangladesh Bank
Inspection Team under qualitative judgement?
Answer:
Any loan classified during Bangladesh Bank’s on-site
inspection on the basis of qualitative judgement cannot be declassified without
the consent of Bangladesh Bank.
Question:
What is the Time limit for rescheduling of Continuous Loan?
Answer:
|
Frequency
|
Classified
as
Sub-standard
|
Classified
as
Doubtful
|
Classified
as
Bad/Loss
|
|
First
Rescheduling
|
Maximum 18 (eighteen) months from the date of rescheduling
|
Maximum
12 (twelve) months from the date of rescheduling
|
Maximum 12 (twelve) months
from the date of rescheduling
|
|
Second
Rescheduling
|
Maximum
12 (twelve)
months from the date of rescheduling
|
Maximum
09 (nine)
months from the date of rescheduling
|
Maximum
09 (nine)
months from the date of rescheduling
|
|
Third
Rescheduling
|
Maximum 06 (six) months from
the date of rescheduling.
|
Maximum 06 (six) months
from the date of rescheduling.
|
Maximum 06 (six) months
from the date of rescheduling.
|
Conditions:
(i)
During the rescheduled period all required principal and interest
payments must be made.
(ii) Rescheduled amount should be
repaid in monthly installments.
(iii) If the amount of defaulted installments is
equal to the amount of 3(monthly) installments, the loan will be classified as
Bad/Loss.
Question:
What is the Time limit for rescheduling of Demand Loan?
Answer:
|
Frequency
|
Classified as
Sub-standard
|
Classified as
Doubtful
|
Classified as
Bad/Loss
|
|
First
Rescheduling
|
Maximum 12 (twelve) months
from the date of rescheduling
|
Maximum 09 (nine) months
from the date of rescheduling
|
Maximum 09 (nine) months
from the date of rescheduling
|
|
Second
Rescheduling
|
Maximum 09 (nine) months
from the date of rescheduling
|
Maximum 06 (six) months from
the date of rescheduling
|
Maximum
06 (six)
months from the date of rescheduling
|
|
Third
Rescheduling
|
Maximum
06 (six)
months
from the date of
rescheduling
|
Maximum
06 (six) months
from
the date of
rescheduling
|
Maximum
06 (six)
months
from the date of
rescheduling
|
Conditions:
(i)
During the rescheduled period all required principal and interest
payments must be made.
(ii)
Rescheduled amount should be repaid in monthly installments.
(iii)
If the amount of defaulted installments is equal to the amount of
3(monthly) installments, the loan will be classified as Bad/Loss.
Question:
What is the Time limit for rescheduling of Fixed Term Loan?
Answer:
|
Frequency
|
Classified
as
Sub-standard
|
Classified
as
Doubtful
|
Classified
as
Bad/Loss
|
|
First
Rescheduling
|
Maximum 24 (twenty four) months
from the date of rescheduling
|
Maximum 18 (eighteen)
months from the date of rescheduling
|
Maximum 18 (eighteen) months
from the date of
rescheduling
|
|
Second
Rescheduling
|
Maximum 18 (eighteen) months
from the date of
rescheduling
|
Maximum 12 (twelve) months
from the date of
rescheduling
|
Maximum 12 (twelve) months
from the date of
rescheduling
|
|
Third
Rescheduling
|
Maximum 12 (twelve) months
from the date of
rescheduling
|
Maximum 09 (nine) months
from the date of
rescheduling
|
Maximum 09 (nine) months
from the date of
rescheduling
|
Conditions:
i.
During the rescheduled period all required principal and interest
payments must be made.
ii.
Rescheduled amount should be repaid in monthly /quarterly installments.
iii.
If the amount of defaulted installments is equal to the amount of 6
monthly or 2 quarterly installments, the loan will be classified as Bad/Loss.
Question:
What is the Time limit for rescheduling of Short-term Agricultural and
Micro-Credit?
Answer:
|
First Rescheduling
|
Repayment time limit for
rescheduling should not exceed 2 (two) years from the expiry date of loan
|
|
Second Rescheduling
|
Maximum 1(one) year from the date of 1st
rescheduling.
|
|
Third Rescheduling
|
Maximum 6(six) months from
the date of 2nd rescheduling
|
No comments:
Post a Comment