RBI announcements will save jobs?
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Updated at:
17 Apr 2020 06:19 PM (IST)
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RBI Governor Shaktikanta Das said: "With the objective of ensuring that banks maintain sufficient buffers and remain adequately provisioned to meet future challenges, they will have to maintain the higher provision of 10 per cent on all such accounts under the standstill, spread over two quarters, i.e., March 2020 and June 2020."