“ECL is a complicated system, and we have to fine-tune our internal models. But SBI is in the best position to implement these complex guidelines,” Setty said. (Photo source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

State Bank of India Chairman CS Setty has said that the country’s largest lender is well placed to implement the 'Expected Credit Loss' framework, which will come into force for banks from April 1, 2027.

Speaking to NDTV Profit after the Reserve Bank of India’s latest monetary policy announcement, Setty underlined that the transition to the new guideline will be smooth and will not exert undue pressure on capital ratios.

“ECL is a complicated system, and we have to fine-tune our internal models. But SBI is in the best position to impleme

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