5 Power Dressing Looks For Tough Nut Womenpreneurs
by Kalwyna Rathod | June 28, 2021, 18:46 IST
Feel at your powerful best in high heels or a double-breasted blazer? Well, that’s power dressing for you! A fashion style that originated in the late ’70s and developed in the ’80s, power dressing was all about enabling women to establish their authority in environments traditionally dominated by men. While that remains the motto today too, the bold style allows women to express their confidence, strength, and position through their fashion choices.
Ahmedabad-based event curator and fashion enthusiast Krunal Parekh had recently conceptualised a power dressing shoot, featuring fashionable womenpreneurs from the city. He says, “I’m an enthusiastic overachiever when it comes to fashion. To me, it means showcasing my personality through dressing classy paired with spunk and a subtle attitude. I’m always up for experimenting with style, cuts and fabrics, and an array of
Non-Banking Financial Companies (NBFCs) are expecting higher credit loss as well as an increase in provision coverage rates, mainly due to the impact of the coronavirus pandemic, according to a study. The study by leading consultancy EY is based on an analysis of the standalone financial statements of 42 NBFCs, including 14 Housing Finance Companies (HFCs), for the year ended March 31, 2020. The companies have reported an increase in Expected Credit Loss (ECL) allowance by 33 per cent and an overall increase in provision coverage rate by 26 per cent as at 31 March 2020 compared to the year ended 31 March 2019 . Further, COVID-19 impact accounted for 19 per cent of the ECL allowance as on March 31 this year.
Synopsis
The report noted an increase in Expected Credit Loss (ECL) allowance by 33% and an overall increase in provision coverage rate by 26% as at 31 March 2020 compared to the year ended 31 March 2019. The EY Study, , ‘Expected credit loss analysis for non-banking financial companies’ also shows that companies reported a COVID-19 impact comprising 19% of the ECL allowance as at 31 March 2020.
Agencies
EY research team performed a review of the standalone financial statements for the year ended 31 March 2020, in comparison to year ended 31 March 2019 of 42 companies.
Mumbai: Some of the top non banking finance companies and housing finance companies have seen a jump in the way they provision for some of the future uncertainties due to Covid pandemic, an EY report said.
NBFCs expect higher credit loss on COVID-19 woes, says EY study
Non-Banking Financial Companies (NBFCs) are expecting higher credit loss as well as an increase in provision coverage rates, mainly due to the impact of the coronavirus pandemic
Non-Banking Financial Companies (NBFCs) are expecting higher credit loss as well as an increase in provision coverage rates, mainly due to the impact of the coronavirus pandemic, according to a study.
The study by leading consultancy EY is based on an analysis of the standalone financial statements of 42 NBFCs, including 14 Housing Finance Companies (HFCs), for the year ended March 31, 2020.
The companies have reported an increase in Expected Credit Loss (ECL) allowance by 33 per cent and an overall increase in provision coverage rate by 26 per cent as at 31 March 2020 compared to the year ended 31 March 2019 .