RBI may draw up road map for ECL adoption
Business Standard|November 16, 2024
The Reserve Bank of India (RBI) is expected to drop broad hints for the adoption of the expected credit loss (ECL) framework at Monday's meeting with the boards of private banks in Mumbai.
RAGHU MOHAN

The central bank's communication to private banks' board secretariats has not listed the agenda for the meeting, but has only given the event flow. This includes an address by RBI Governor Shaktikanta Das, presentations by the central bank's chief general managers, and an open house with executive directors.

A meeting between RBI and the boards of state-run banks was also expected, but the scheduling is not out as yet.

According to senior bankers, the other major talking points that are likely to be discussed at the meeting are the proposed changes to the liquidity coverage ratio framework, business models with reference to unsecured credit, and stress in the micro finance portfolios, cyber security, IT resilience and customer protection.

هذه القصة مأخوذة من طبعة November 16, 2024 من Business Standard.

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هذه القصة مأخوذة من طبعة November 16, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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