RBI keeps April 2027 ECL deadline and issues transition guidelines
NewsBytes | April 28, 2026 7:41 PM CST
Private banks adapt, public banks strained
Private banks, which already have stronger financial cushions, are expected to handle the switch more smoothly.
Public sector banks might find it tougher and could face higher costs in the short run.
Still, with these new rules, the RBI is hoping for a smarter and steadier way of managing loan risks across scheduled commercial banks.
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