Indian banks well poised to implement ECL norms: Report

IANS | May 4, 2026 11:52 AM

New Delhi, May 4 (IANS) Indian banks are well positioned to implement the Reserve Bank of India’s new Expected Credit Loss (ECL) framework and absorb the initial impact on its capital, a report said on Monday.

Hyundai, Kia's US sales drop on base effect

IANS | May 4, 2026 9:19 AM

Seoul, May 4 (IANS) Sales of Hyundai Motor and Kia vehicles in the United States fell slightly from a year earlier, while numbers for hybrid vehicles rose to a new monthly high, the automaker said on Monday.