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 Central Government has allocated Rs. 5,117 crore grant to Madhya Pradesh under Jal Jeevan Mission to provide safe and potable piped drinking water to all the rural household in the state.
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.