01 Oct 2025 | 5 Mins Read
RBI measures help Nifty Bank regain 55,000 level
Flipitmoney
The Reserve Bank of India announced measures to boost the banking system, including a revised Expected Credit Loss framework, revised Basel-III Capital Adequacy Norms, and risk-based deposit insurance premium. Banks will receive a glide path to adapt to new regulations. The measures aim to improve credit flow and reduce costs, contributing to the Nifty Bank's surge over 650 points to 55,000 mark.