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.
VK Paul will head the Emergency Management Plan Group. Centre has reconstituted the six Empowered Groups into ten groups to tackle the COVID situation in the country.
The Centre has approved a proposal on Friday providing monetary support to 11.8 crore students through Direct Benefit Transfer under the Mid-Day-Meal Scheme amid the corona virus pandemic.
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.
EXAMIANS