 "RBI")
Covid-19 impact: RBI asks banks to carry out detailed stress testing
The Reserve Bank of India (RBI) has asked banks to carry out detailed stress tests due to the impact of Covid-19 on their books and put capital-raising plans with board approvals in place, if needed. This is the first major regulatory move by the central bank to ascertain the health of banks and take proactive measures to ring-fence them after the outbreak of the pandemic. Read More
Watching the Dragon: FDI plans of six China firms may be put on hold
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