RBI proposes new norms for banks' loan loss provisions
The central bank proposes to amend the regulations governing loan loss provisioning to incorporate a more forward looking "expected credit losses approach".
The central bank proposes to amend the regulations governing loan loss provisioning to incorporate a more forward looking "expected credit losses approach".
Apart from recapitalisation, public sector banks get a shot in the arm in the form of ARC and AMC mechanisms to clean up their books.
Tracking the implications of Ind AS 109 and ECL provisioning for India’s banks and NBFCs.
Worst quarterly performance in 20 quarters; net profit plunges to ₹113.8 crore from ₹1,260.36 crore a year ago due to higher provisioning.