RBI ON VALUE OF INVESTMENT IN JOINT VENTURES
According to the Reserve Bank of India, banks would have to assess the value of their investments
in joint ventures and strategic equity investment on a continuous basis. If there was erosion in value
of such investment, banks should get the investment assessed by valuer and make provisions.
in joint ventures and strategic equity investment on a continuous basis. If there was erosion in value
of such investment, banks should get the investment assessed by valuer and make provisions.
0 comments:
Post a Comment