RBI may approve 1-3% provisioning floor for phase 2 loans under ECL framework: sources

FILE PHOTO: A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai, India, June 6, 2025. REUTERS/Francis Mascarenhas/File Photo | Photo credit: FRANCIS MASCARENHAS The Reserve Bank of India may consider approving bankers’ request to reduce provisioning requirement for phase-2 loans to 1-3 per cent from the proposed 5 […]