So far, non-bank lenders take a one-time gain on all loan sales to banks in direct assignment transactions. Prior to the implementation of Ind-AS accounting system, these gains were amortised over the life of the loan.source https://economictimes.indiatimes.com/industry/banking/finance/one-time-gains-nbfcs-seek-change-in-accounting-policy/articleshow/81441782.cms
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