American Express pledges Rs 9 cr to combat COVID-19 outbreak in India
This includes contributions to the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES).
This includes contributions to the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES).
The bank is reaching out to customers who are having an impaired cash-flow so that they can be helped further.
At this time of crisis, SBI is committed to providing the best possible banking services to its customers, the bank said.
The monetary commitment comes on the heels of the manpower and services that have already been deployed in collaboration with the central and state government entities.
The reduced EBLR will come into effect from April 1 onwards.
The company has over 400 million user base in India. In the recent few years, WhatsApp has become one of the primary means of communication.
The relief from the government comes at a time when major part of the country has come to a standstill due to the rising number of Coronavirus cases across the country.
Standard and Poor's (S&P) joins a chorus of international agencies that have made a similar cut in growth estimates in recent days.
