Saturday, June 16, 2018

RBI allows banks to spread MTM losses over 4 quarters

The Reserve Bank of India (RBI) has decided to grant banks the option to spread provisioning for their mark to mark (MTM) losses on all investments held in AFS and HFT for the quarter ending June 30, 2018. The provisioning required may be spread equally over up to four quarters, commencing with the quarter ending June 30, 2018.

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