The Reserve Bank of India (RBI) has established an external working group (WG) on the expected credit loss (ECL) framework for loan loss provisioning. This group aims to obtain independent insights on the intricate details related to the substantial shift involved. The WG will operate under the leadership of R. Narayanaswamy, former Professor at IIM Bangalore. The group is composed of eight experts, with representatives from six banks and one representative each from KPMG and the Indian School of Business, Hyderabad. The group's mandate includes outlining the principles banks must follow when creating credit risk models for evaluating and quantifying expected credit losses. Additionally, they are tasked with proposing the elements banks need to address when determining credit risks, drawing from guidelines in IFRS 9 and principles established by the Basel Committee on Banking Supervision. Furthermore, the panel will advise on the methodology for independent external validation of these models and, based on thorough data analysis, will propose prudential floors for provisioning.
This soil property which impacts nutrient movement to plant roots through mass flow and diffusion?
Which type of silk is spun from open-ended cocoons and is produced by Philosamia ricini, which mainly feeds on castor leaves?
Which of the following organisms were used by different scientists in Genetics?
In sheep, what is the term used for the act of mating?
Which among the following harrow type is operated by several rotating discs on a common shaft
Which of the following is not matched correctly?
The action to remove food from the market at any stage of the food chain, including that possessed by consumers is called:
In India, maximum production of food grain, accounts approximately _____ % of total Indian food grain production
The vitamin which can combine with free oxygen radicals and protect the integrity of the cell membranes is:
Removal of inedible parts or defective parts of foods and cutting to a size appropriate for further processing is called:
