U.S. banks are sorted into different regulatory regimes based on asset-size thresholds determined in another era. Those classifications need to be recalibrated and indexed to inflation, writes Gene ...

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Axis Bank’s asset quality deteriorated in the first quarter of the current financial year due to the sustained elevation in retail unsecured slippages and a change in the classification metric for non ...

Regulators in the European Union have issued new guidelines allowing relevant market participants to classify cryptocurrencies and digital assets under the Markets in Crypto-Assets (MiCA) Regulation.

The Reserve Bank of India (RBI) will soon issue Expected Credit Loss (ECL) norms for banks and all-India financial institutions to align Indian banks’ provisioning norms with global standards. “With a ...

In a bid to align Indian banks’ provisioning standards with those of global banks, the Reserve Bank of India (RBI) today proposed replacing the incurred-loss-based provisioning framework with an ...