New ECL framework shifts banks to forward-looking risk assessment; RBI grants five-year transition period till FY31 to ease impact ...
This article was written by Gregory van Droogenbroeck, CFA and Scott J. L. Coulter, CFA, CPA, CA for World Accounting Report. The International Financial Reporting Standard 9, or IFRS 9, represents ...
Banco Central do Brasil’s (BACEN/BCB) adaptation of the International Accounting Standards Board’s (IASB) International Financial Reporting Standards (IFRS 9) is set to go live in January 2025.
Going forward, housing and vehicle loans will grow very fast, we expect these two segments to be outperformers in Q3. Overall ...
Bank of Maharashtra needs Rs 2,500 crore for ECL-based provisioning, with a plan to raise capital through infrastructure bonds.