Which IFRS/Ind AS is discussed in the RBI's released Discussion Paper on Introduction of Expected Credit Loss (ECL) Framework for Provisioning by Banks?
Based on the experience of global banks in application of IFRS 9, Financial Instruments, and the application of Ind AS 109, Financial Instruments by Non-Banking Financial Companies (NBFCs) in India2, on 16 January 2023, RBI released a Discussion Paper on Introduction of Expected Credit Loss (ECL) Framework for Provisioning by Banks.
The Reserve Bank of India (RBI) has raised the upper limit of an offline payment transaction to ________ from the existing Rs 200 to promote the use of ...
There is a project which involves purchase of a machinery that costs Rs.50,000, which has useful life of 3 years, after which it has a scrap value of...
Which of the following activities undertaken by NBFCs is eligible for bank credit, according to the recent Master Circular - Bank Finance to Non-Banking...
What is the amount of contribution by RBI to the PIDF fund?
The bonds which are issued outside the jurisdiction of one country and denominated in a currency different from the currency of the countries in which t...
‘Global Financial Stability Report’ is prepared by the :
From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000; 15% Long-term debt 10,00,000; and Tax rate= 40%
Sharath wants to promote one of his employees to lead the new production team. He prefers to promote an employee with a low LPC score. Which attributes ...
What is the term for the ethical principle that involves keeping promises and being truthful?
Bad debts Recovered `1,000 will be credited to which among the following accounts?
