Please Help: Audit of Banks

Posted Date : 25-Mar-2021 , 11:23:12 am | Posted By T S NAGARAJAN

In Covid facility an amount equal to 20% of Loan outstanding as of 29-02 is made, in one case the amount standing to the Loan Account is transfered to the Existing Loan account so that the Outstanding Interest and other charges are set off, Is it a correct Procedure

Category : Banking | Answers : 0 | Comments : 0 | Hits : 1667