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.
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.
National Security Advisor Ajit Doval has commissioned Indian Coast Guard Offshore Patrol Vessel Sajag and dedicated it to the nation for safeguarding maritime interests.
EXAMIANS