International standard setters Tuesday rejected calls from EU and several other regulators to extend the comment period on proposed changes to provisions ... accounting for when companies set aside ...

The UK could potentially sell its multi-billion dollar trove of Bitcoin (BTC) to plug holes in its finances, according to accounting giant RSM. According to blockchain “de-anonymizing” platform Arkham ...

Wrexham Council’s Executive Board has been challenged over £1.3m set aside to cover bad debts in social housing next year. The executive approved a Housing Revenue Account budget that included a 2.7% ...

The stock prices of private banks that have reported an increase in bad loans in their personal loans and micro-credit businesses are bearing the brunt of investors' fears of a U-turn in the asset ...

Labour group leader Cllr Dana Davies said: "On the provision for bad and doubtful debts we are carrying £1.3m. What are we doing to reduce that bad debt? "That's a massive amount. With regard to ...

Settlement is a process of bad debt resolution that allows lenders or asset reconstruction companies to close the account once and for all against a lump-sum payment or in parts. Also Read ...

MUMBAI: Higher provisions for bad loans on a prudential basis pulled down the earnings of the mid-tier private sector lender RBL Bank, with its net income plunging by a massive 86% on-year to Rs ...

Show Full Article Indian lenders have been grappling with higher bad loans in segments such as microfinance and in the unsecured portfolio, forcing them to set aside more funds for potential losses.

Show Full Article The lender’s provisions and contingencies, or funds kept aside for potential bad loans, more than doubled year-on-year to 21.56 billion rupees. Indian lenders have been grappling ...