Budget proposes cleansing mechanism for PSBs
Apart from recapitalisation, public sector banks get a shot in the arm in the form of ARC and AMC mechanisms to clean up their books.
provisioning
February 2021
September 2020
July 2019
A new era in financial accounting
Tracking the implications of Ind AS 109 and ECL provisioning for India’s banks and NBFCs.
YES Bank Q1 profit declines 91%
Worst quarterly performance in 20 quarters; net profit plunges to ₹113.8 crore from ₹1,260.36 crore a year ago due to higher provisioning.
