RBI Finalises Expected Credit Loss Norms, Rollout Set for April 2027
The Reserve Bank of India (RBI) has finalised the framework for Expected Credit Loss (ECL) norms, with implementation scheduled from
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PROVISIONING
Banks and ECL norms
On October 7, the Reserve Bank of India (RBI) issued the draft Reserve Bank of India (Scheduled Commercial Banks-Asset Classification,
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BANKING News
Axis Bank Q1 profit falls 4% due to technical provisioning hit Axis Bank reported a 4% year-on-year decline in net
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RBI proposes expected loss-based approach for provisioning by banks.
The Reserve Bank of India (RBI) proposed a framework for adoption of an ‘expected loss-based’ approach for provisioning by banks.
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