Arohan Annual Report FY 20-21

Note 48: Disclosures pursuant to Reserve Bank of India notification no. DOR (NBFC).CC.PD.No.109/22.10.106/2019-20 dated 13 March 2020. Asset Classification as per RBI Norms As on 31 March 2021 Asset Classification as per RBI Norms Asset classi - fication as per Ind AS 109 Gross Carrying Amount as per Ind AS Loss Allowances (Provisions) as required under Ind AS 109 Net Carrying Amount Provisions required as per IRACP norms Difference between Ind AS 109 provisions and IRACP norms (A) (B) (C) (D) (E=C-D) (F) (G=D-F) Performing Assets Standard Stage 1 360,257.37 14,560.23 345,697.14 17,574.18 (3,013.95) Stage 2 51,230.98 21,313.45 29,917.53 7,122.60 14,190.85 Subtotal (A) 411,488.35 35,873.68 375,614.67 24,696.78 11,176.90 Non-Performing Assets (NPA) Substandard Stage 3 52,096.33 35,120.47 16,975.86 15,615.71 19,504.76 Other items such as guarantees, loan com- mitments, etc. which are in the scope of Ind AS 109 but not covered under current Income Recognition, Asset Classification and Provisioning (IRACP) norms Stage 1 - - - - - Stage 2 - - - - - Stage 3 - - - - - Subtotal (B) 52,096.33 35,120.47 16,975.86 15,615.71 19,504.76 Total (A+B) Stage 1 360,257.37 14,560.23 345,697.14 17,574.18 (3,013.95) Stage 2 51,230.98 21,313.45 29,917.53 7,122.60 14,190.85 Stage 3 52,096.33 35,120.47 16,975.86 15,615.71 19,504.76 Total 463,584.68 70,994.15 392,590.53 40,312.49 30,681.66 As on 31 March 2020 Asset Classification as per RBI Norms Asset classi - fication as per Ind AS 109 Gross Carrying Amount as per Ind AS Loss Allowances (Provisions) as required under Ind AS 109 Net Carrying Amount Provisions required as per IRACP norms Difference between Ind AS 109 provisions and IRACP norms (A) (B) (C) (D) (E=C-D) (F) (G=D-F) Performing Assets Standard Stage 1 430,578.26 2,749.79 427,828.47 1,706.88 1,042.91 Stage 2 11,709.19 4,818.56 6,890.63 43.75 4,774.81 Subtotal (A) 442,287.45 7,568.35 434,719.10 1,750.63 5,817.72 Non-Performing Assets (NPA) Substandard Stage 3 11,183.84 11,183.84 - 2,722.14 8,461.70 Other items such as guarantees, loan com- mitments, etc. which are in the scope of Ind AS 109 but not covered under current Income Recognition, Asset Classification and Provisioning (IRACP) norms Stage 1 - - - - - Stage 2 - - - - - Stage 3 - - - - - Subtotal (B) 11,183.84 11,183.84 - 2,722.14 8,461.70 Total (A+B) Stage 1 430,578.26 2,749.79 427,828.47 1,706.88 1,042.91 Stage 2 11,709.19 4,818.56 6,890.63 43.75 4,774.81 Stage 3 11,183.84 11,183.84 - 2,722.14 8,461.70 Total 453,471.29 18,752.19 434,719.10 4,472.77 14,279.42 (*) The amount of securitisation portfolio has been considered off book balances for limited purpose of computation provision as per RBI norms. Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2021 (Contd.) Financial 181