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Sunday, October 4, 2020

India May Have "Crossed Coronavirus Caseload Peak": Finance Ministry

India may have "crossed the peak of coronavirus caseload", the Finance Ministry has said in its September economic review report, stressing that "consequent demand resurgence is palpable in many...

from NDTV News - Topstories https://ift.tt/3jIAWeo

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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...