Reserve Bank of India has provided some benefits to banks like maintaining lower liquidity coverage ratio, but at the same time has asked them to raise provisions against accounts which are showing stress. The central bank has reduced the liquidity coverage ratio (LCR) requirement for banks to 80 per cent […]
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New Delhi: As coronavirus cases in India touched nearly 13,000, the Centre on Thursday defended its testing strategy in the wake of fresh criticism, saying the testing ratio is not low, adding there has been no COVID-19 infections in 325 of the 736 districts. The assertion by the Indian Council […]