Banks should adjust their economic capital and loan loss reserves to reflect the forecasting risk in expected credit loss models, according to two credit risk modelling experts. They fear expected ...

ECL is undoubtedly a significant improvement over past provisioning frameworks, and with thoughtful adjustments, it can deliver even greater value, writes Srinath Sridharan The RBI has been actively ...

INTERNATIONAL Financial Reporting Standards (IFRS) 9, the replacement standard for International Accounting Standards (IAS) 39, Financial Instruments: Recognition and Measurement, is slated for ...

The Reserve Bank of India on Wednesday constituted an external working group on expected credit loss (ECL) based framework for provisioning by banks. This move comes after RBI released a discussion ...

New ECL framework shifts banks to forward-looking risk assessment; RBI grants five-year transition period till FY31 to ease impact The Reserve Bank of India (RBI) has proposed a new framework on how ...

This move comes after RBI released a discussion paper in January this year on shifting from the incurred-loss approach to the ECL model, a transition aimed at making the banking system more resilient.

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 ...

ISLAMABAD: The interior ministry approached the Supreme Court for a second time on Thursday to challenge the June 2 Sindh High Court (SHC) order for removing the name of model Ayyan Ali from the Exit ...

ISLAMABAD: The case of model Ayyan Ali took a new turn on Monday when the widow of a slain Customs inspector moved the Supreme Court to become a party in the interior ministry’s petition in opposing ...