06 Oct 2025 | 5 Mins Read
Private banks may face minimal provisioning challenges
Flipitmoney
Large private banks like Axis, HDFC, and ICICI will be less impacted by credit loss-based provisioning due to existing provisions, estimated at around 1% of gross advances. HDFC Bank's buffer is Rs 36,600 crore, while ICICI Bank has contingency provisions of Rs 13,100 crore, allowing them to adapt easier to the new accounting standard from April 2027.