What is Special Mention Accounts? Special Mention Accounts ar | Dr. B R AMBEDKAR IAS ACADEMY
What is Special Mention Accounts? Special Mention Accounts are those assets/accounts that shows symptoms of bad asset quality in the first 90 days itself. ‘Special Mention’ category of assets is not only on the basis of non-repayment or overdue position but also due to other factors that reflect sickness/irregularities in the account (SMA -NF). There will not be any particular provisioning for SMA assets.
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