RBI to Issue ECL Implementation FAQs Following CEO Meeting
The RBI will release an FAQ to clarify Expected Credit Loss (ECL) implementation after meeting bank CEOs to discuss provisioning and board oversight.
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Fairfax Signals Global Universal Banking Pivot for IDBI Bank
Fairfax COO outlines a strategic roadmap for IDBI Bank to become a global universal lender, focusing on aggressive cross-selling and digital integration post-privatisation.
Read articleMicrosoft Outage: Assessing BFSI Middle-Office Vulnerabilities
A breakdown of how the Microsoft outage impacted Indian BFSI communication and why workplace SaaS dependencies now pose a significant BCP risk for lenders.
Read articleSBI ERD Recommends Loan Restructuring Over Waivers for El Niño Stress
SBI’s Economic Research Department advocates for structured loan restructuring and state cost-sharing to mitigate agricultural losses without resorting to credit-eroding waivers.
Read articlePaytm Receives Preliminary RBI Approval for Wallet Licence
The RBI has granted preliminary approval for a wallet licence to Paytm, marking a potential return to the regulated wallet space after a two-year hiatus.
Read articleIRDAI Risk-Based Capital: Transforming Insurance Solvency Standards
IRDAI is transitioning the insurance sector to a Risk-Based Capital (RBC) framework, linking capital requirements directly to underwriting, credit, and operational risk profiles.
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