How banks are preparing for the dawn of India's ECL era
Summary
Banks like SBI, HDFC and others are proactively frontloading financial provisions ahead of the upcoming ECL regime to absorb the initial balance-sheet hit and smooth out recurring costs.
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How banks are preparing for the dawn of India's ECL era
Banks like SBI, HDFC and others are proactively frontloading financial provisions ahead of the upcoming ECL regime to absorb the initial balance-sheet hit and smooth out recurring costs.
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