The implementation of expected credit loss (ECL)-based provisioning model proposed by the Reserve Bank of India will be smooth as the transition will hit banks' balance sheets only one time, a report ...
The Reserve Bank of India on Wednesday constituted an external working group on expected credit loss (ECL) based framework for provisioning by banks. This move comes after RBI released a discussion ...
Banks have informed the Reserve Bank of India (RBI) about the financial impact of a proposed regime where they have to make early provisions for the loans they expect to sour, the regulator’s response ...