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Tuesday, November 9, 2021

In Swipe At China, India Says It Ensured Help Doesn't Create Indebtedness

India told UNSC that it has always strived to foster global solidarity with its development partnership efforts fully respecting national priorities and ensured that its assistance does not create...

from NDTV News - Topstories https://ift.tt/3D2IoL8

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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...