how any bank in India adjusted their yearly loss in balance sheet ? how does it impact balance sheet ?
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Quick Summary
This discussion explores how banks in India handle yearly net losses on their balance sheets. It suggests that losses are often adjusted against profits, with a portion of the profit being used for this purpose. Other methods mentioned include capital infusion from the government and writing off bad debts, which can lead to a reduction in overall profit. Any remaining loss is typically shown on the asset side and carried forward to the next financial year.