As per the recently published discussion paper on Introduction of Expected Credit Loss Framework for Provisioning by Banks, on the basis of credit risk as compared to the initial recognition, what classification requirement would banks be required to follow for applicable financial assets?
On the basis of credit risk as compared to the initial recognition, banks would be required to classify applicable financial assets into three stages: Stage 1 includes financial assets that have not had significant increase in credit risk since initial recognition or that have low credit risk at the reporting date. For these assets, 12-month ECL are recognized. Stage 2 includes financial instruments that have had a significant increase in credit risk since initial recognition (unless they have low credit risk at the reporting date) but that do not have objective evidence of impairment. For these assets, lifetime ECL are recognized. Stage 3 includes financial assets that have objective evidence of impairment at the reporting date. All financial assets that are in “default” as defined in this paper shall be classified as Stage 3 assets. For these assets, lifetime ECL are recognized.
A mixture of lime and water contains 3a liters lime and (a + 40) liters water. Upon adding 20 liters more water, the ratio of quantity of water to that ...
There are two buckets X and Y containing mixture of milk and water in which concentration of milk is (a-10)% and (a+15)%, respectively. They are mixed t...
A 200 litres mixture of juice and water contains 30% juice. How much water should be added to the mixture to make the quantity of water 80% of the total...
In a total 80-liter mixture of milk and water, there is 25% milk. How many liters of water should be added so that the quantity of milk in the mixture b...
A mixture contains oil and water in the ratio 7:5. When 70% of this mixture is replaced with 153 litres of water, the ratio becomes 8: 13. Than, what wi...
If 50L of liquid containing 20% spirit is added with 15L of water, then what would be the percentage of spirit in the resulting mixture?
A jar contains a mixture of orange juice and water in the ratio of 4:1. 75 litres of the mixture was taken out and 25 litres of water was added to it. I...
In a mixture of alcohol & water, 30 litres water is mixed due to which ratio changes from 3:4 to 1:2. Find initial quantity of mixture. (in l...
A 250 litres mixture contains milk and water in the ratio 4:1 respectively. If 20% of the mixture is replaced with the same quantity of water, then find...
A mixture (acetone and water) contains 40% acetone and rest 96 litres water. How much acetone should be added to the mixture to make the ratio of aceton...