DUBAI / WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al ...
Read More »Delay in new rules spares India banks from bad loan
Bloomberg India delayed the introduction of tough new accounting rules for the second year running, in a move that will spare the country’s banks from adding another layer to the $190 billion pile of bad loans on their books. The Reserve Bank of India said that legislative amendments needed to implement the new Indian Accounting Standards are still under consideration ...
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