RBI mandates expected credit loss model including small finance banks
NewsBytes | April 28, 2026 7:40 PM CST
Banks must provision old loans
Small finance banks are included too (but payments banks, local area banks, and regional rural banks can chill for now).
Banks need to apply these rules even on old loans by March 2030.
Loans backed by solid stuff like gold or cash will need less extra money set aside.
Experts think public-sector banks' net worth could dip 5% to 10% at first, but strong reserves should help balance things out.
READ NEXT
-
RR vs PBKS, IPL 2026 Match Highlights: Rajasthan Royals End Punjab Kings' Unbeaten Run in High-Scoring IPL Thriller

-
Preparations Intensify for Upcoming Legislative Assembly Vote Counting in Morigaon

-
Sanjay Dutt's Upcoming Films: Aakhri Sawaal and Khalnayak 2 Generate Excitement

-
Nagarjuna's 100th Film 'King 100' Welcomes Tabu to the Cast

-
From desert trails to digital stories with ASUS ProArt PX13 GoPro Edition
