The Reserve Bank of India has finalised new rules requiring banks to provision for expected loan losses from April 2027, shifting to a forward-looking approach. While stricter than current practices, the norms are less stringent than initially proposed, with a wider scope including small finance banks. Banks will have until March 2030 to fully implement the changes for existing loans.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZR9VnlJ
