VirtualBankConference was founded by Julienne Cassarino and Ian Green to facilitate meaningful connections between banks and investors. Potomac Bancshares, Inc. is proud to have been part of this ...
Demand for credit by businesses and consumers in Africa's most populous nation is expected to rise as a sharp decline in ...
The central bank has informally told IndusInd Bank’s board on the likely traits to consider while shortlisting CEO candidates ...
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International Accounting Bulletin on MSNRC CPA appoints Clara Salvai as COO for global expansionRC CPA, an accounting and wealth management firm, has appointed Clara Salvai as its new chief operating officer (COO). Salvai previously served as the CEO of law firm Barakat + Bossa, and prior to ...
Income Structure Typical of Zimbo Banks:The bank's reliance on fees and charges/non-interest income (74% of total income) ...
Recording interest on loan on cash basis due to financial distress at end of borrower is justifiable
ITAT Mumbai held that change of method of accounting from mercantile to cash system for recording interest income on loan due to financial distress at the end of borrower is justifiable and legitimate ...
This is a regular briefing on China's economic data. Today, we have invited Mr. Fu Linghui, spokesperson of the National Bureau of Statistics (NBS) and director general of the Department of ...
The country's fifth-largest private sector bank flagged earlier in the month a $175 million hole in its balance sheet, citing ...
The RBI earlier instructed the bank’s board and management to implement remedial actions within the current quarter, ensuring that necessary disclosures were made to stakeholders before March end.
The Federal Reserve lost more money in 2024, adding to the red ink it bled in 2023. And by the way, Fed losses are ultimately ...
The accounting discrepancy contravened Reserve Bank of India rules, though the central bank has said IndusInd is ...
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