This article was written by Gregory van Droogenbroeck, CFA and Scott J. L. Coulter, CFA, CPA, CA for World Accounting Report. The International Financial Reporting Standard 9, or IFRS 9, represents ...
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RBI Update: Banks must now have funds ready before default! RBI issues draft rules on ECL..
The Reserve Bank of India (RBI) has released draft rules on the Expected Credit Loss (ECL) model for banks and NBFCs. These new rules will come into effect from April 1, 2027, and will significantly ...
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