Tag: NPA

Listed companies to disclose defaults in payment of interest/ principal amount of loans from banks / FIs etc.

Listed companies to disclose defaults on payment of interest/ repayment of principal amount on loans from banks / financial institutions and unlisted debt securities Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2019/140 November 21, 2019 ToAll Listed entitiesAll Recognised Stock Exchanges Madam / Sir, Sub: Disclosures by listed …

RBI tweaks conditions of disclosure of divergence in the asset classification & provisioning by banks

RBI specify threshold percentage for disclosure of divergence in asset classification & provisioning by banks with additional provisioning assessed by RBI  The RBI vide Notification dated 18.04.2018 mandated disclosures by banks on divergences from prudential norms on income recognition, asset classification and provisioning exceed certain thresholds. It had …
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