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Top headlines: RBI calls for stress testing; China's Vivo may exit IPL

From putting Chinese FDI on hold to India Inc working to conserve cash to offset Covid impact, here are top headlines this morning

RBI
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This is the first major regulatory move by the central bank to ascertain the health of banks.

BS Web Team New Delhi
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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First Published: Jun 22 2020 | 6:52 AM IST

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