Concerns raised over the budget proposal to set up a bad bank to relieve banks of their burden of bad loans are misplaced. To ease the flow of credit to fuel recovery, banks must be freed from their bad loans.
Financial Accounting is examined in Section 1 and 2.
Cost & Management Accounting is examined in Section 3.
TIMING
The exam lasts for 3 hours i.e. 180 minutes. With 10 minutes allocated to reading the paper this leaves 170 minutes to answer 4/5 questions depending on your choice in Section 1.
Question one - 120 marks - 52 minutes approx.
All 60 mark questions - 26 minutes approx.
All 100 mark questions - 42 minutes approx.
All 80 mark questions - 34 minutes approx.
General advice
1. Timing is crucial in any Accounting exam. Students must stick rigidly to the timing advice given above. Many students find themselves with 15 minutes left in the examination hall and one full question to do. Panic then sets in and the student doesn t do himself justice.
At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue
Debashish Panda will be discussing the reason as to why ARC decision was made for the banking sector and what impact it is likely to have on the sector
Punjab & Sind Bank loss zooms to ₹ 2,375 crore in Q3 as provisions spike
Updated:
Updated:
February 06, 2021 21:53 IST
The lender had posted a net loss of ₹ 255.49 crore in the same period a year ago. In September quarter also, the bank had a loss of ₹ 401.27 crore.
Share Article
AAA
The lender had posted a net loss of ₹ 255.49 crore in the same period a year ago. In September quarter also, the bank had a loss of ₹ 401.27 crore.
Punjab & Sind Bank on Saturday said its net loss in December quarter 2020-21 spiralled to ₹ 2,375.53 crore on higher provisions for bad loans.
The lender had posted a net loss of ₹ 255.49 crore in the same period a year ago. In September quarter also, the bank had a loss of ₹ 401.27 crore.