RBI’s Provisioning Norms Affect PSU Banks and Infrastructure Financers
08
May
RBI’s Provisioning Norms Affect PSU Banks and Infrastructure Financers Subject: Economy Sec: Monetary Policy Tag: RBI’s Provisioning Norms What Happened: The Reserve Bank of India (RBI) proposed tighter norms for project financing, recommending increased standard asset provisioning of up to 5% on loans. This move is anticipated to result in additional provisioning of […]