https://www.taxtmi.com/circulars?id=54450 Banks must provide for the entire amount due or for which the bank is liable in respect of frauds, irrespective of security, by phasing provisioning from the quarter of detection and completing it within four quarters; if the fraud is reported late to the Reserve Bank, the entire provisioning must be made immediately and the Reserve Bank may take supervisory action for delays in reporting or provisioning. en-us Wed, 01 Apr 2015 00:00:00 +0530 Wed, 20 Apr 2016 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54450 Banks must provide for the entire amount due or for which the bank is liable in respect of frauds, irrespective of security, by phasing provisioning from the quarter of detection and completing it within four quarters; if the fraud is reported late to the Reserve Bank, the entire provisioning must be made immediately and the Reserve Bank may take supervisory action for delays in reporting or provisioning. Circulars RBI Wed, 01 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54450