THE RESERVE BANK of India's three key proposals — the expected credit loss (ECL) framework, liquidity coverage ratio (LCR) norms and project finance proposals — have kept the banking industry on tenterhooks for quite some time.
This, coming at a time when the interest rate cycle is reversing, is worrisome for them. In addition, Finance Minister Nirmala Sitharaman has recently asked banks to cut rates.
The ECL framework alone will impact banks' core capital by around 300 basis points, say experts. LCR norms are likely to have a 200-250 bps impact on banks' net demand and time liabilities (NDTL), experts added.
Icra in a report said that the impact of the whole transition to IndAS, including the ECL framework, could be as much as 300 to 400 bps.
Diese Geschichte stammt aus der December 10, 2024-Ausgabe von Financial Express Kolkata.
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Diese Geschichte stammt aus der December 10, 2024-Ausgabe von Financial Express Kolkata.
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