Accordingly today i.e 18/05/2011, the same were notified by RBI, DBOd, vide Notification No. RBI 2010-11/529, DBOD.No.BP.BC. 94/21.04.048/2011-12, ref no May 18, 2011
The Notification can be accessed @
From an IT angle, this is only a minor changes, as only few values have been changed.
From an operational angle, as the Monetary Policy cleared stated that the Provisioning requirements for Non-Performing Assets and Restructured Advances will be increased, the Ops Team will also have factored the approximate increase, at least approximately, if not exactly