The RBI guideline for project finance provisioning will be implemented in phases, with 2% by March 2025, 3.5% by the following year, and reaching 5% by March 2027.
"by 31st March 2025 this financial year end only 2% has to be provided for by the next year and 3.5% and by 31st March 2027 5% will have to be provided."