B Mahapatra: Underlying concepts and principles of dynamic provisioning Keynote address by Mr B Mahapatra, Executive Director of the Reserve Bank of India, at the Conference on “Introduction of dynamic provisioning framework for banks in India”, organised by the Centre for Advanced Financial Research and Learning (CAFRAL), Mumbai, 21 September 2012.
*  *  *  The contributions made by Mrs Usha Janakiraman and Mrs Tariqa Singh are gratefully acknowledged. Thank you very much for inviting me to this conference to share with you my understanding of the underlying concepts and principles of dynamic provisioning. A discussion paper on the subject was brought out by the Reserve Bank of India (RBI) in March 2012.