India covid-19 Government crisis India

Kerala CM seeks banks' cooperation to tackle Covid financial crisis

Reading now: 418
www.livemint.com

₹25 crore and non-NPA accounts as on March 31. Also referring to the state government's memorandum to the Centre seeking to put in place a moratorium on repayment of loans till December 31, 2021 in order to provide relief to people hit by COVID-19 pandemic and the natural calamities, the Chief Minister said these matters should be brought to the notice of the RBI.

He also urged the banks to give maximum publicity to the central government's decision to increase allocation for the Emergency Credit Line Guarantee Scheme to ₹4.5 lakh crore as part of the Atma Nirbhar package.

Banks should try to give maximum publicity to this programme and assistance should be ensured to the business community from this package, he said at the meeting

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA