Interest recognition in respect of Stage 3 assets should be on the basis of actual receipt of cash flows and not on an accrual basis. This approach is consistent with the approach in US GAAP which permits banks to place financial assets on nonaccrual basis if the cash flows cannot be reliably estimated.
Which is the most Populated city in the World?
Where is the UNESCO headquarters located?
Who was the first lady cadet to join Indian army, who was recently felicitated by the President of India?
The 2017 BRICS Youth Forum opened in ___________
Which hill station in India is known as the ‘Queen of the Mountains’?
Where is the Kallanai Dam, the oldest dam in India, located?
Fiat Money is backed by government guarantee
Choose a hot water lake from the following:
Sabarimala Temple, a prominent pilgrimage site, is located in which Indian state?
Under the leadership of which Prime Minister of India were the Fundamental Duties added to the Constitution?