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VERIFIEDMint Markets·neutral

RBI's ECL framework: HDFC Bank to Axis Bank — experts bet high on these five banking stocks

AI Summary
  • ·The RBI's Expected Credit Loss framework will be effective from April 2027.
  • ·This framework mandates earlier recognition of loan losses.
  • ·Experts anticipate the framework will enhance transparency and investor confidence in the long run.
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