Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Projects under Implementation

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Published on February 07, 2020

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Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Projects under Implementation

Consequent to the announcement in the sixth Bi-monthly Monetary Policy for 2019-20 on February 06, 2020, the Reserve Bank has issued a circular today to harmonise the guidelines for deferment of date of commencement of commercial operations (DCCO) for projects in non-infrastructure and commercial real estate (CRE) sectors.

(Yogesh Dayal)
Chief General Manager

Press Release: 2019-2020/1911