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Question 3- (Total 12 marks) A company was availing running finance facility of Rs.45,000,000 It has been secured with following assets, Shares of listed companies

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Question 3- (Total 12 marks) A company was availing running finance facility of Rs.45,000,000 It has been secured with following assets, Shares of listed companies rated A Rs.3,000,000 FSV of mortgage property 25,000,000 Lien on bank deposit 1,200,000 Outstanding principle balance is Rs.30,090,000 Principle has been overdue by more than 10 months. Required: Calculate the amount of provision required to be maintained and assign appropriate classification category, if the classification is made for the first year

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