Private banks set aside up to ₹17,000 crore for provisions

The Reserve Bank of India (RBI) allowed lenders to offer a six-month moratorium to borrowers in a bid to provide relief to businesses and people.HDFC Bank Ltd, Axis Bank Ltd, Bandhan Bank Ltd, Federal Bank Ltd and ICICI Bank Ltd have made aggregate provisions of ₹17,146 crore in the June quarterREAD MORE