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Friday, June 5, 2020

9,887 Coronavirus Cases In India In 24 Hours, Biggest One-Day Jump

India reported 9,887 new coronavirus cases in the last 24 hours in the biggest one-day spike so far, government data shows. There has been a minor fall in recovery rate compared to Friday, from 48.27...

from NDTV News - Topstories https://ift.tt/30f7ENW

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Set aside funds for likely defaults, RBI tells banks

The Reserve Bank of India has finalised new rules requiring banks to provision for expected loan losses from April 2027, shifting to a forwa...