Unlocking New Possibilities: The Power of ECL Adoption for NBFCs
- Posted on January 15, 2025
- By Financial Express
- 1 Views
Unlocking New Possibilities: The Power of ECL Adoption for NBFCs
The adoption of the Expected Credit Loss (ECL) framework, under Ind AS 109, is proving to be a transformative step for NBFCs, enabling them to shift from a reactive to a proactive approach in managing credit risk.
