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New bank provision rules soon (Zawya)

•	Find More Articles Like This One
•	January 18, 2010 12:00 am

The Central Bank is to soon issue a circular on new provisioning norms, which, apart from tightening specific provisioning, will require banks to make a compulsory general provisioning in the range of 1.25 per cent to two per cent of the loan book.

Source:New bank provision rules soon (Zawya)

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