RBI proposes expected loss-based approach for provisioning by banks.
The Reserve Bank of India (RBI) proposed a framework for adoption of an ‘expected loss-based’ approach for provisioning by banks.
Read moreThe Reserve Bank of India (RBI) proposed a framework for adoption of an ‘expected loss-based’ approach for provisioning by banks.
Read moreA business that suffers embezzlement of funds by its staff cannot claim the loss as a ‘loss in business income’
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