RBI proposes to bring in "expected credit loss" based provisioning for banks

RBI proposes to bring in "expected credit loss" based provisioning for banks

The RBI will adopt the ECL approach used in IFRS 9 for prescribing guidelines for loss provisioning by banks. It has also proposed to implement,
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Sunak blocks Scotland's gender bill, angering nationalists | World | leadertelegram.com

(Bloomberg News writer Ellen Milligan contributed to this report.) ©2023 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency,
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China's Dec home prices fall, more supportive policies likely | Reuters

China's new home prices fell again in December as COVID-19 outbreaks hurt … of 45-year-old residential flats (L) and the latest luxury homes (R)
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India's kiranatech startups pivot to lending as demand wanes, but will it sell?

Competition from existing lenders and store owners' preference for cash dealings are some of the challenges.
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U.S. mortgage rates dip, yet remain historically high, says Freddie Mac – Dayton Business Journal

The 30-year fixed mortgage rate averaged 6.33% for the week ending Jan. 12 — down from 6.48% last week.
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Women's Featherweight Title Match Set For MLW SuperFight – 411MANIA

The company announced on Friday that Taya Valkryie will defend her championship against Delmi Exo at the February 4th event, which takes place in
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Trade Secrecy Rising – Patently-O

Most trade secret claims involve former employees moving to competitors. … the new law focuses entirely on international trade secrecy issues.
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Around 58% Builders Expect Housing Prices To Rise Further In 2023: Survey – Outlook India

As many as 341 real estate developers from various parts of the country participated in the joint survey conducted during the last two months.
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Expand international trade, FG urges African countries

The President, Major General Muhammadu Buhari (Retd), has called on African countries to expand their participation in international trade in
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Santander cuts rates; Halifax stops lending on private shared equity schemes – round-up

Halifax said it will continue lending to borrowers buying a home using an equity loan from a local authority, housing association or government scheme
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'Hangover effect' remains after mini-budget chaos but mortgage shock is over … – Yahoo News UK

The governor of the Bank of England has told MPs there is still “something of a hangover effect” in the wake of the mini-budget market chaos last
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European banks on track for MREL goals despite rising bond costs – GlobalCapital

The European Banking Authority highlighted the rising cost for banks of issuing MREL debt on Monday, when it published its annual quantitative
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'Bloomberg Markets: China Open' Full Show (01/16/2023)

“Bloomberg Markets: China Open” is the definitive guide to the markets in Hong Kong and on the mainland. Rishaad Salamat, David Ingles,
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Five ways to reduce your mortgage repayments in 2023 – and why rates have risen so high

Households with variable-rate mortgages, which adjust as the base rate rises, are already feeling this change. But in 2023 around 1.8 million people
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'Wheel Of Fortune' Pat Sajak Shocked As Player Threatens His Job – TV Shows Ace

Pat Sajak was too stunned to speak on today's 'Wheel of Fortune' when a contestant named Eric made a very shocking admission.
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Traders on Alert for Another BOJ Shock – YouTube

The BOJ stunned markets in December with what looked like the first … Follow Bloomberg for business news & analysis, up-to-the-minute market
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IoT Connected Machines Market Size Worth USD 510.85 Billion by 2029 – Yahoo Finance

As per the report by Fortune Business Insights, the global IoT Connected Machines Market size is projected to reach USD 510.85 Billion in 2029,
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Howqua: Huge saloon property near where The Man from Snowy River was filmed sure to …

Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.
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International trade: manufacturers have the whole world in their hands

Here, The Manufacturer Editor Joe Bush speaks to Paul Brooks, UK Manufacturing Trade Lead at The Institute of Export & International Trade (IOE&IT).
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INDIA'S FOREIGN TRADE: December 2022

India's overall exports (Merchandise and Services combined) in April-December 2022 is estimated to exhibit a positive growth of 16.11 per cent over
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