Context
The Reserve Bank of India (RBI) is preparing for a major change in the banking system and will implement expected credit loss (ECL) on banks soon.
What is Expected Credit Loss (ECL)?
Public sector Banks have travelled a long distance since 2017 when they posted a net loss of Rs 85,390 crore to a profit of Rs 66,539 crore in FY22 |
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Verifying, please be patient.