What is the standard uniform provisioning requirement for direct advances to the agriculture and SME sectors across all categories of UCBs?

Question

1%
0.5%
0.25%
2%

Solutons With Key Points

Answer- C

Under the revised framework, the RBI has standardized the provisioning norms for standard assets across all categories of UCBs.

This means that all categories of UCBs would be required to maintain a uniform provisioning requirement of 0.25% of the funded outstanding on a portfolio basis for direct advances to the agriculture and SME sectors that are standard.