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    <title>UCO to begin keeping provisions ahead of ECL norms, eyes M&amp;A financing</title>
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    <description>The ECL framework will require classification of assets into Stage 1, Stage 2 and Stage 3 with provisions at initial recognition and each reporting date and prudential floors, applicable to Scheduled Commercial Banks and AIFIs from April 1, 2027. UCO Bank plans to maintain a provisioning buffer and may use a Rs 1,000 crore provision above RBI requirements for ECL obligations.</description>
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