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How banks are preparing for the dawn of India's ECL era

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Summary

Banks like SBI, HDFC and others are proactively frontloading financial provisions ahead of the upcoming ECL regime to absorb the initial balance-sheet hit and smooth out recurring costs. 

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    How banks are preparing for the dawn of India's ECL era

    Banks like SBI, HDFC and others are proactively frontloading financial provisions ahead of the upcoming ECL regime to absorb the initial balance-sheet hit and smooth out recurring costs. 

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