RBI Draft Norms: Banks To Adopt Expected Credit Loss Approach, Implications For Loans | ET Now #ETNOW
RBI Draft Norms: Banks To Adopt Expected Credit Loss Approach, Implications For Loans | ET Now
RBI issues draft norms for ECL provisioning – banks to move from incurred credit loss approach to expected credit loss approach.
What do these rules mean for different types of loans? Key highlights from the announcement and the impact on banks.
#ECL #loans #banking #etnow
control your money with economic times now.
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