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ECL norms: PSU banks face higher hit, private banks with contingent buffers better placed: Punit Bahlani

ECL norms: PSU banks face higher hit, private banks with contingent buffers better placed: Punit Bahlani

The Reserve Bank of India's new Expected Credit Loss framework presents a recurring drag on bank profitability, not a one-time capital hit. Public Sector Undertaking (PSU) banks are more exposed due to unchanged provisioning floor rates, potentially impacting…

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