Jul. 16, 2026
RBI bars banks from booking income on assets from stressed loans
RBI directs banks, SFBs, and NBFCs not to recognise unrealised interest as income when acquiring non-financial assets from stressed loans. The new prudential norms will come into force from October 1 to ensure uniform accounting practices. The... Read more.
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Owner: Rajeev Chandrasekhar through Jupiter Capital Pvt Ltd & Asianxt Digital Technologies Pty Ltd
Owner: Rajeev Chandrasekhar through Jupiter Capital Pvt Ltd & Asianxt Digital Technologies Pty Ltd
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