India’s banks presently follow incurred loss model for ascertaining loan loss provisions. Advisory Alert: It has come to our attention that certain individuals are representing themselves as ...
The Reserve Bank of India’s (RBI) direction to banks to move from the incurred loss provisioning model to expected credit loss (ECL) will impact microfinance loan-focused banks the most, experts say.
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...