Major Overhaul in Bank Loan Rules: RBI’s new ECL norms will change lending and safeguard your money—All you need to know
The Reserve Bank of India (RBI) is set to finalise its Expected Credit Loss (ECL) framework in the next 2–3 months, with full implementation effective April 1, 2026, according to sources. This move marks a big change in how banks deal with loan losses. Instead of waiting for loans to turn bad, the new Expected…