This article was written by Gregory van Droogenbroeck, CFA and Scott J. L. Coulter, CFA, CPA, CA for World Accounting Report. The International Financial Reporting Standard 9, or IFRS 9, represents ...
The Reserve Bank of India’s (RBI) direction to banks to move from the incurred loss provisioning model to expected credit loss (ECL) will impact microfinance loan-focused banks the most, experts say.