SBI announces emergency credit line in light of COVID-19

“With a view to provide some degree of relief to the borrowers whose operations are impacted by Covid 19, it is decided by the Bank to make available additional credit facilities to the eligible existing borrowers by way of ad-hoc facilities i.e COVID 19 emergency credit line (CECL) to tide over the current crisis situation,” the note read.

from Banking/Finance-Industry-Economic Times https://ift.tt/2UhMoSM