RBI likely to issue FAQ soon to clarify ECL implementation; some provisioning matter still under review

The Reserve Bank of India (RBI) is set to issue a frequently asked questions (FAQ) document soon to clarify the implementation of the Expected Credit Loss (ECL) framework, following concerns raised by banks over the treatment of certain loan categories and provisioning requirements, bankers have told ETBFSI. The regulator held a meeting with bank CEOs and board directors on November 12 to discuss implementation preparedness and strengthen board-level oversight.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *