Question
As per the recently published discussion paper on
expected credit loss model for banks the model proposes to compute ECL (depending on whether there has been a SICR) based on:Solution
Practical expedient for financial assets with low credit risk In line with Ind AS 109, the discussion paper proposes to compute ECL either as 12-month credit losses or lifetime credit losses, depending on whether there has been a SICR. However, under the proposed framework, loss allowances on lease receivables and contractual guarantees would always be measured at lifetime ECL.
When we talk about Demographic Transition, which Stage is characterised with high birth rate, high number of deaths?
When the goods are sold on credit, the following happens?
Calculate Proprietary Ratio
Long-term solvency is indicated by :
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What is the extent to which IIFCL provides refinance to eligible borrowing institutions?
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