Write a Short Note On Prudential
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"Prudential norms" are definitionally the guidelines and general norms issued by the regulating bank (the central bank) of the country for the proper and accountable functioning of bank and bank-like establishments.
In other words, the norms are the practices that all banks are expected to follow.
Most usually, these norms relate to cash reserves, overnight call rates, income recognition, asset classification, provisioning of non-performing assets, and capital adequacy ratios.
In other words, the norms are the practices that all banks are expected to follow.
Most usually, these norms relate to cash reserves, overnight call rates, income recognition, asset classification, provisioning of non-performing assets, and capital adequacy ratios.
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it is a set of reason which favour power sharing, it is based on prudence on careful calculation of gains or losses. prudential reasons stress beneficial consequence.
hope this will help you
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