https://www.taxtmi.com/news?id=68875 A principle-based resolution regime allows Regulated Entities discretion to design and implement resolution plans for exposures affected by natural calamities. Eligible exposures are those classified as Standard but in default up to 30 days (SMA-0) at the time of the calamity. A dedicated invocation window and a separate implementation window are prescribed. Restructured exposures remain Standard with accrual income recognition and reduced additional specific provisioning. REs must arrange alternate banking services in affected areas. The draft harmonises prudential norms across RE categories and invites stakeholder comments. en-us Wed, 28 Jan 2026 18:49:18 +0530 Wed, 28 Jan 2026 18:49:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=68875 A principle-based resolution regime allows Regulated Entities discretion to design and implement resolution plans for exposures affected by natural calamities. Eligible exposures are those classified as Standard but in default up to 30 days (SMA-0) at the time of the calamity. A dedicated invocation window and a separate implementation window are prescribed. Restructured exposures remain Standard with accrual income recognition and reduced additional specific provisioning. REs must arrange alternate banking services in affected areas. The draft harmonises prudential norms across RE categories and invites stakeholder comments. News - Wed, 28 Jan 2026 18:49:18 +0530 https://www.taxtmi.com/news?id=68875