Bankers and analysts, who had pencilled in up to a 150-basis point impact on return on assets (RoAs) for lenders, now expect no new provisioning requirements as NBFCs are already on the more stringent Ind-AS accounting norms while for banks the impact is small. One basis point is 0.01 percentage point.
from Banking/Finance-Industry-Economic Times https://ift.tt/3QbPDMl
via IFTTT
No comments:
Post a Comment