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Prudential Guidelines on Restructuring of Advances by UCBs

Document Cited in Related
Vincent

Housing Loans
SME Debt Restructuring
Others
Standard advances restructured No. of Borrowers
Amount outstanding
Sacrifice (diminution in the fair value)
Sub standard advances restructured No. of Borrowers
Amount outstanding
Sacrifice (diminution in the fair value)
Doubtful advances restructured No. of Borrowers
Amount outstanding
Sacrifice (diminution in the fair value)
Total No. of Borrowers
Amount outstanding
Sacrifice (diminution in the fair value)

Asset Classification of Restructured Accounts under the Guidelines
Particulars
Case 1
Case 2
Case 3
Case 4
1 Assumed due date of payment 31.01.2007 31.01.2007
Assumed date of restructuring 31.03.2007 31.03.2007 31.03.2007 31.03.2007
Period of delinquency as on the date of restructuring 2 months 2 months 18 months 18 months
Asset Classification (AC) before restructuring 'Standard' 'Standard' 'Doubtful - less than one year' 'Doubtful - less than one year'
Date of NPA NA NA 31.12.05 (Assumed) 31.12.05 (Assumed)
II Asset classification (AC) on restructuring
Assumed status of the borrower Eligible for special regulatory treatment Not eligible for special regulatory treatment Eligible for special regulatory treatment Not eligible for special regulatory treatment
AC after restructuring 'Standard' Downgraded to 'Substandard' w.e.f 31.03.07 (i.e., on the date of restructuring) 'Doubtful -less than one year' 'Doubtful - less than one year'
Assumed first payment due under the revised terms 31.12.07 31.12.07 31.12.07 31.12.07
III Asset classification after restructuring
A The account performs satisfactorily as per restructured terms
(a) AC during the specified one year period (i.e., from 31.12.07 to 31.12.08) No change (i.e., remains 'Standard') 'Doubtful less than one year' w.e.f. 31.03.08 (i.e. one year after classification as 'Substandard') No change (i.e., remains 'Doubtful-less than one year') 'Doubtful - one to three years' w.e.f. 31.12.07 (i.e., one year after classification as 'Doubtful less than one year')
(b) AC after the specified one year period Continues in 'Standard' Upgraded to 'Standard' category Upgraded to 'Standard' Upgraded to 'Standard' category
B If performance not satisfactory vis-a-vis restructured terms
(a) AC during the specified one year period (in case the
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