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Before the new asset quality classification norms for Non-banking Finance Companies (NBFCs) are interpreted, it will be better to recap their rising significance in financial intermediation ...
U.S. banks are sorted into different regulatory regimes based on asset-size thresholds determined in another era. Those classifications need to be recalibrated and indexed to inflation, writes Gene ...
Yes Bank on Wednesday said the RBI has not found any divergence in the asset classification and provisioning done by the lender during 2017-18.
System-based asset classification refers to asset classification (downgrading as well as upgrading) carried out by computerized systems of a bank in an automated manner According to the central ...
In a thumbs-up to YES Bank, the RBI has found nil divergences in the lender’s asset classification and provisioning in 2017-18. “YES Bank has received the Risk Assessment Report for fiscal ...
Access Holdings PLC has been ranked the Tier 1 bank with the best asset quality in Nigeria, having posted the lowest Non-Performing Loan Ratio (NPLR) at 2.76 percent.This is according to Proshare's ...
The central bank also encouraged UCBs not meeting the aforementioned criteria to voluntarily implement the system-based asset classification in their own interest. As of March-end 2019, there were ...
The Reserve Bank of India (RBI) has conducted an asset quality review with a view to cleaning up balance sheets of banks. This has resulted in mounting losses for the banking sector.
The RBI judged gross NPAs at Rs 8,373.8 crore for Yes Bank for 2016-17 against the declared gross NPAs at Rs 2,018 crore.
The Reserve Bank of India (RBI) assesses compliance by banks with extant prudential norms on income recognition, asset classification and provisioning (IRACP) as part of its supervisory processes.
"As part of this process, Yes Bank has received the risk assessment Report for 2017-2018. The report observes NIL divergences in the bank's asset classification and provisioning from the RBI norms," ...