SBI estimates Rs 19,500 crore ECL impact; RBI working group still fine tuning implementation: Setty

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State Bank of India expects a Rs 19,500 crore net-of-tax impact from ECL implementation and plans to use the four-year transition period. RBI is still open to feedback from banks on the nuances of the guidelines and implementation and is planning a CEO-level meeting to review industry preparedness, SBI Chairman CS Setty said.

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SBI estimates Rs 19,500 crore ECL impact; RBI working group still fine tuning implementation: Setty

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