KCM

completed 67 years in May 2025, 21 partners, team of 400 including 140 professionals + 180 trainees, Offices in Vadodara, Ahmedabad, Mumbai and Bengaluru,

[KCM @kcmcas]

🎯 Bottom line:

This isn't just a regulatory change — it's a fundamental transformation in how Indian banks measure, recognise & disclose credit risk.

For auditors: SA 540 becomes the most critical standard for bank audits.

Welcome to the ECL era. 🏦
#RBI #BankingReform

[KCM @kcmcas]

🚨 BREAKING: RBI has issued its FINAL ECL Directions for commercial banks (April 27, 2026).

The biggest shift in Indian bank provisioning since 1992.

Effective: April 1, 2027.

Here's everything you need to know 🧵👇

#RBI #ECL #IndianBanking

[KCM @kcmcas]

✅ What should banks do NOW?

1. Build/procure ECL models (PD, LGD, EAD)
2. Accumulate historical loss data
3. Set up model risk management
4. Train finance, risk & audit teams
5. Engage the Board — this is Board-level
6. Plan capital impact

You have 11 months.

[Arvind Panagariya @APanagariya]

My dear Kaushik, to reassure you that growth is not enriching only those already rich, here are the poverty numbers from an article in the March 7 2026 issue of the EPW (TPL in the table stands for the Tendulkar Poverty Line)

[KCM @kcmcas]

Leadership Summit https://t.co/xkLaNHzbBd

[KCM @kcmcas]

Comprehensive guide on new FEMA regulation https://t.co/6GkET6aZp1

[KCM @kcmcas]

Insight is back https://t.co/dwjxl0xodJ

[Matt Shumer @mattshumer_]

https://t.co/ivXRKXJvQg

[KCM @kcmcas]

Tiger is back or is it? Read and decide https://t.co/IWxZE0Oh2L

[KCM @kcmcas]

Check this out! A budget analysis to beat all analysis https://t.co/tUuCgcif8C

[KCM @kcmcas]

We are flying with our wings spread https://t.co/ZWMbtd3d1G