natural calamities
Natural calamities are severe, unexpected events caused by nature. They include earthquakes, floods, and cyclones. These disasters can lead to significant loss of life and property. In India, they often disrupt communities and economies. The government implements disaster management laws to mitigate their impact. Understanding their effects is crucial for planning and recovery efforts in affected regions.
The Reserve Bank of India (RBI) issued final guidelines on 29 April 2026 for the restructuring of loans of borrowers affected by natural calamities. The framework applies prospectively...
April 30, 2026