New accounting norms may add to banks' bad loans – Hindustan Times

New accounting norms may add to banks' bad loans – Hindustan Times


Hindustan Times

New accounting norms may add to banks' bad loans
Hindustan Times
Under the new global accounting norms that banks have to adopt from April 1, 2018, the gross level of non-performing assets (NPAs) for banks and non-banking finance companies (NBFCs) could rise significantly. Companies have to migrate to the new …

New accounting norms may add to banks' bad loans – Hindustan Times