It attributes the strong balance sheets to robust credit growth during 2023-24. Banks capital to risk weighted assets ratio was 16.8% as of September, with all bank groups meeting the regulatory ...

A balance sheet is a versatile document that offers a snapshot of a company's or individual's finances at a given point in time. Businesses can use balance sheets to develop plans for the future ...

The asset quality of non-bank finance companies (NBFCs) also improved further in 2023-24 amid a sustained double-digit balance sheet growth, the central bank said. Over the past year, the RBI has ...

This depreciation in the asset's value must be accounted for on the company's income statement and balance sheet to capture the loss in value over time as an expense and as a reduction in the ...

If you've ever tried folding a fitted sheet before, you might have had a nightmare experience that went a little something like this: violently folding and refolding the sheet, sighing in ...

The process is fairly simple, but it's neither automatic nor instant. Here's what to do once you have a balance transfer card ready to go. Many or all of the products on this page are from ...

See how we rate credit cards to write unbiased product reviews. Introduction to balance transfers Balance transfers can be an excellent debt-elimination tool when used correctly. By consolidating ...

But it also gets to add the cash to its own balance sheet, which is why you add debt but subtract cash in the calculation. For investors, though, enterprise value is a great tool in determining ...

The applicability, rate and concept of depreciation vary between Companies Act and Income Tax Act in India. Under the Income Tax Act, an assessee has to fulfill the following conditions to claim ...

Commissions do not affect our editors' opinions or evaluations. An average daily balance represents the average amount the borrower owes on any one day of a billing period during which a balance ...

The residual value should not be more than five per cent of the original cost of the asset. A company may adopt a depreciation rate, useful life or residual value which is different from the amount ...