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News digest: Ayushman Bharat, ICA guidelines, small savings rates, and more

Inter-creditor agreement guidelines also protect interests of third-party and exclusive security holders

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BS Web Team New Delhi
Sops for additional lending by banks 

Lenders stepping in place of their peers to provide additional funding in resolution plans will get priority to cash flows, according to the operational guidelines of the inter-creditor agreement (ICA). It will give banks which are ready to offer additional funding over what is pro rata, priority charge on the cash flows and assets of a borrower. Read more

Modicare still in making two days before launch  

The government has advanced the launch of Ayushman Bharat, renamed Pradhan Mantri Jan Arogya Abhiyan (PMJAY), by two days as Prime Minister Narendra Modi