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ECL DEADLINE
EPFO extends ECR deadline to October 31, 2026: Employers to get 16 more days to file employees’ EPF, EPS and EDLI dataThe EPFO has extended the September 2026 ECR filing deadline for employers from October 15 to October 31, following the increase in the PF ...
ECL norms from April 2027: Indian banks are ready, says Dinesh Kumar KharaIndian banks are set for a major provisioning change with Expected Credit Loss (ECL) norms arriving April 1, 2027. This global shift means ...
PSU bank stocks fall up to 3%. How RBI’s ECL directions can impact lendersPSU bank stocks fell up to 3% on Tuesday after RBI confirmed the rollout of the Expected Credit Loss (ECL) framework from April 2027, trigg...
PNB expects $1 billion hit in transition to new credit rules, CEO saysPunjab National Bank anticipates a 90 billion rupee impact from new credit loss rules by 2031. The Reserve Bank of India's expected credit ...
RBI’s new directive to NBFCs; Oyo’s third IPO attemptThe RBI has tightened rules on default loss guarantees (DLGs), a move that is likely to hit digital lenders hard. This and more in today’s ...
NCLT initiates insolvency proceedings against Jupiter Landscapes over Rs 573 cr debtThe National Company Law Tribunal has ordered the corporate insolvency resolution process for Jupiter Landscapes due to defaulting on non-c...
Why delay in transition to new accounting standards is not a bad thing for banksWhile banks are heaving a sigh of relief as they get more time to gear up, investors and analysts are somewhat disappointed by the delay.
Ind-AS for NBFCs from April 1: Confusion reignsBanks get a year’s reprieve from implementation of new accounting standards whereas RBI’s silence on the road ahead for NBFCs creates confu...
Follow green norms, but don’t delay projects: CILCIL chairman Partha S Bhattacharyya said the company will expand its capacity rapidly to meet the growing demand.
- Realtors may need more collateral to raise funds
Real estate cos will continue to hog the limelight in the coming year, but for the wrong reasons. Hi-tech home gadgets I Guide to property ...
- Unavailability of funds hit realty firms hard
Real estate companies, the darlings of the India’s capital and financial markets for the past two years, will continue to hog the limelight...