RBI’s New Provisioning Norms Will Hurt Bank Earnings, Push Up Credit Costs, Say Brokerages 
People stand in line to exchange Indian five hundred and one thousand rupee banknotes outside the Reserve Bank of India (RBI) headquarters in New Delhi, India, on Thursday, Nov. 10, 2016. (Photographer: Anindito Mukherjee/Bloomberg)

RBI’s New Provisioning Norms Will Hurt Bank Earnings, Push Up Credit Costs, Say Brokerages 

The Reserve Bank of India’s move to seek higher provisioning against insolvency cases will pose risks to earnings and capital ratios of banks, according to brokerages.The RBI has asked banks to set...
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