investment fluctuation reserve

This query is : Resolved 

11 June 2009 What is the reason to build investment fluctuation reserve? What is the use for the same? How it can affect the profitability of the company? I mean if I have a investment fluctuation reserve can I set off any loss on investment against this and not taking the same to PL account.

11 June 2009 Banks should build their investment fluctuation reserves (IFR) quickly so that they are in a better position to tackle interest rate volatility



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries