(Repeats MAY 5 story, no change to text). * Officials advise banks to wait for new government on default. * Jet bank loans smaller than other defaults. * New government likely to take charge by end of May. By Manoj Kumar. NEW DELHI, May 5 (Reuters)Â …
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China's banking regulator has told the nation's major lenders to accelerate recognition of nonperforming loans, as officials seek to bolster the quality of
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The award, named for an American accountant, is given to those who receive a cumulative average score above 95.50 across all four sections of the
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Westpac chief executive Brian Hartzer says cuts in official interest rates this year would help support consumer spending, but borrowing costs are not the key challenge facing the economy. Briefing analysts and investors as the bank delivered half-year results, …
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According to KPMG, the accounting group, such companies are having a drag effect on the country and are creating the risk of contagion for
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