Ch 5 · Accounts of Banking Companies

5 concept points · 3 formulas · 4 exam-critical points.

📘 Core concepts

• 1Governed by Banking Regulation Act 1949 & RBI guidelines.
• 2Form A (Balance Sheet) and Form B (P&L) under Third Schedule.
• 3NPAs: Standard, Sub-standard (≤12 months), Doubtful, Loss assets.
• 4Provisioning percentages vary by asset classification (RBI norms).
• 5Statutory reserve: ≥25% of net profit before any dividend (Sec 17).