Tuesday, June 11, 2024

BANKING

Bankers have said the norms be subsumed within new provisioning rules that will require lenders to pre-empt assessment on potential losses. “RBI is also in the process of finalising the expected credit loss (ECL) based provisioning guidelines,” said a senior bank executive. "So, there is a suggestion that these infrastructure norms be subsumed into those.”

from Banking/Finance-Industry-Economic Times https://ift.tt/MxFW425
via IFTTT

No comments:

Post a Comment