Arohan Financial Services Limited | Annual Report 2022-23

| 192 Annual Report | 2022-2023 Financial 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 March 31, 2023 Asset Classification as per RBI Norms Asset classification 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 4,65,621.12 4,589.72 4,61,031.40 4,889.80 (300.08) Stage 2 26,551.48 10,406.42 16,145.06 1,499.72 8,906.70 Subtotal (A) 4,92,172.60 14,996.14 4,77,176.46 6,389.52 8,606.62 Non-Performing Assets (NPA) (#) Substandard Stage 1 (*) 23.36 3.48 19.88 1,927.35 11,540.68 Stage 2 (*) 768.96 666.21 102.75 Stage 3 13,721.20 12,798.34 922.86 Other items such as guarantees, loan commitments, 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) 14,513.52 13,468.03 1,045.49 1,927.35 11,540.68 Total (A+B) Stage 1 4,65,644.48 4,593.20 4,61,051.28 4,889.80 (300.08) Stage 2 27,320.44 11,072.63 16,247.81 1,499.72 8,906.70 Stage 3 13,721.20 12,798.34 922.86 1,927.35 11,540.68 Total 5,06,686.12 28,464.17 4,78,221.95 8,316.87 20,147.30 (*) The gross carrying amount of stage 1 and 2 in non-performing assets section are classified in respective stages as per Ind AS. As on March 31, 2022 Asset Classification as per RBI Norms Asset classification 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 3,47,813.23 11,022.15 3,36,791.08 6,759.99 4,262.16 Stage 2 48,322.90 19,610.67 28,712.23 4,368.71 15,241.96 Subtotal (A) 3,96,136.13 30,632.82 3,65,503.31 11,128.70 19,504.12 Non-Performing Assets (NPA) (#) Substandard Stage 3 18,700.69 13,184.07 5,516.62 4,504.13 8,679.94 Other items such as guarantees, loan commitments, 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) 18,700.69 13,184.07 5,516.62 4,504.13 8,679.94 Total (A+B) Stage 1 3,47,813.23 11,022.15 3,36,791.08 6,759.99 4,262.16 Stage 2 48,322.90 19,610.67 28,712.23 4,368.71 15,241.96 Stage 3 18,700.69 13,184.07 5,516.62 4,504.13 8,679.94 Total 4,14,836.82 43,816.89 3,71,019.93 15,632.83 28,184.06 (**) Gross carrying amount as per Ind AS represents gross carrying amount, accrued interest, loan processing fees and securitised assets. (#) Includes 94,542 accounts having principal overdue of ` 5,807.53 lakhs and interest overdue of ` 983.57 lakhs as at March 31, 2023 (March 31, 2022: Includes 1,25,719 accounts having principal overdue of ` 6,217.24 lakhs and interest overdue of ` 1,731.60 lakhs) Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2023 (Contd.) (All amounts in ` lakhs unless otherwise stated)