An investment in bitcoin at the beginning of the year would have yielded a 210% return; and one in March more than 400%
COVID-19 stressed borrowers would be eligible for a relief mechanism, as part of a set of announcements by the RBI
Vivek Kaul, economic commentator and author of Bad Money explains what the NPA means for a depositor.
Speaking to BOOM, RBI said that the write-offs are not done by them, but by the banks after provisioning for NPAs
BOOM spoke to an RBI spokesperson who clarified that the viral message has no basis.