satya

• Aug 20th, 2006

 

Assets in Banks are Loans and Advances given to borrowers. These Assets are divided into 4 categories. they are

1. Standard Assets:These accounts are good and the borrower is repaying the loan as per stipulation and also the security extended in good.

2. Sub_Standard Asset:These accounts are good as per the security extended is good but the loans repayment is not upto the mark.

3. Doubtful Asset:These accounts have both the security as well the repayment stipulation in irregular method.

4. Bad Asset:These accounts are where the repayment is not forthcoming and the security extended is also become bad.