In its semi-annual financial stability report, RBI had earlier said that the bad loan ratio of banks could rise to 13.5% under the baseline stress scenario by September 2021.
The Chief Minister of Meghalaya Conrad Sangma has been named as the Convenor of the GoM to look into matter of concessions & exemptions from GST for COVID relief materials.
The Tamil Nadu Government has announced that an amount of Rs. 5 lakh would be deposited on the account of each orphaned child and would be given to the child with interest when the child attains 18 years of age.
EXAMIANS