Tag: banking sector

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Posted in Economy

Expected credit loss rules: New provisioning framework to come into force in April 2027

KOLKATA/MUMBAI: The Reserve Bank of India (RBI) Monday said it would go ahead with the implementation of the expected credit loss (ECL) framework from April…

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Despite being an outsider, Kotak Mahindra Bank CEO Ashok Vaswani says that having the founder, Uday Kotak, available as a sounding board gives him an advantage over many banking chiefs. (Bloomberg)
Posted in Business

Kotak Mahindra Bank eyes M&A as CEO touts capital for ‘jumbo deals’| Business News

Kotak Mahindra Bank Ltd. is on the lookout for acquisitions as the billionaire Uday Kotak-backed lender seeks to deploy its excess capital to scale up…

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