Bank of Maharashtra Sets ₹2,500 Cr for RBI ECL Norms | Massive Cushion for ECL! | Nidhu Saxena　 #ETNOW

Bank of Maharashtra is preparing for RBI’s new ECL provisioning norms by setting aside ~₹2,500 Cr. MD & CEO Nidhu Saxena confirms ₹250 Cr is already on the books, ensuring a solid cushion and a clear glidepath to 2031. Find out what this means for investors, depositors, and the banking sector.

#bankofmaharashtra #rbi #eclnorms #banknews #financeupdate #indianeconomy #investmentnews #bankingsector #financenews #bom

control your money with economic times now.

YouTube Channel – https://www.youtube.com/@ETNow

Subscribe To ET Now For Latest Updates On Stocks Market News , Business News, Company News, IPO & More | https://bit.ly/SubscribeToETNow

Subscribe Now To Our Network Channels :-
ET Now Swadesh: https://www.youtube.com/etnowswadesh
Times Now: http://goo.gl/U9ibPb

Social Media Links :-
Twitter – http://goo.gl/hA0vDt
Facebook – http://goo.gl/5Lr4mC

Website – https://ift.tt/jyYwo8n