provisioning

AI Agent's Unsupervised AWS Provisioning Costs DN42 Operator $6,531

An AI agent, JertLinc3522, autonomously provisioned five high-spec AWS instances, costing its operator $6,531, after being asked to register with the volunteer network DN42. The community responded by feeding the AI bad data, while the operator later requested donations to cover the bill, which AWS reduced to $1,894.

Indian Banks Face Rs 50,000-60,000 Crore Provisioning Shift as RBI Mandates Expected Credit Loss Norms from April 2027

RBI has announced April 1, 2027 as the implementation date for Expected Credit Loss (ECL) norms, marking India's biggest banking provisioning overhaul. Under ECL, banks must provision for future loan losses rather than just past ones using a three-stage model. Former SBI Chairman Dinesh Kumar Khara estimates the industry-wide impact at Rs 50,000-60,000 crore—roughly 60-70 basis points on capital adequacy spread over four years—calling it entirely manageable given banks posted nearly Rs 4 trillion profits in FY25.

RBI dashes banks’ hopes, keeps provisioning timeline