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