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Expected credit loss is fiction for now; SBI equipped to deal with it: SBI Chairman Dinesh Khara - Vimarsana News

Expected credit loss is fiction for now; SBI equipped to deal with it: SBI Chairman Dinesh Khara

RBI floated a discussion paper to move the banking system’s provisioning principles from the current ‘incurred loss’ approach to a new ‘expected credit loss’ (ECL) approach.