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Banks will provide liquidity to corporate borrowers

March 28, 2020

Banks will provide liquidity to corporate borrowers

Government has asked banks to provide liquidity to corporate borrowers as the businesses are facing problems due to the outbreak of coronavirus.

Banks will provide loans to corporate borrowers of about ₹ 2 million as per the emergency measures.

SBI the largest lender bank in India has already started providing loans during the outbreak of coronavirus in the country and the other bank will start lending money as soon as possible.

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