As the death toll rises in India due to COVID-19, people were not sure if insurance claims will be offered by insurance companies due to pandemic.
RBI has announced policy decision in order to improve liquidity and to help the banking & financial services sector.
Indian market suffered one of the biggest falls in its history on Monday as BSE Sensex dropped 10 percent during early trade and trading was halted for 45 minutes.
Indian Markets are expected to open low on Monday as situation related to coronavirus has worsened in many parts of the world.
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Indian stock market closed much lower on Friday as investors sold and NSE Nifty closed below 11,000 levels after a long time.
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