What are the rules for maintain Specific Provision against loan and advances by Bank in Bangladesh?

Answer:

(i) Banks will maintain specific provision at the following rates in respect of classified Continuous, Demand and Fixed Term Loans:
 (a) Sub-standard 20%
(b) Doubtful 50%
(c) Bad/Loss 100%

(ii) Provision in respect of Short-term Agricultural and Micro-Credits is to be maintained at the following rates:

(1) All credits except 'Bad/Loss'(i.e. 'Doubtful', 'Sub-standard', irregular and regular credit accounts) : 5%
(2) 'Bad/Loss' : 100%