RBI To Enforce Full Basel-III, ECL Norms By April 2027

The RBI will implement the expected credit loss framework and revised Basel III capital adequacy norms for commercial banks from April 1, 2027, Governor Sanjay Malhotra announced. A four-year glide path will ease provisioning impact. Risk weights may be lowered, while inflation projection for FY26 is cut to 2.6%. Repo rate remains unchanged at 5.5%.