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 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.
The French presidency has appointed Laurence des Cars, the current director of the Musee d'Orsay in Paris, to head the world's largest museum as of September 1.
EXAMIANS