Bank, NBFC stocks fall as RBI extends loan moratorium period till August 31
Kotak Mahindra Bank Recovered it’s losses and gained 0.38 per cent. Earlier it had slipped by 2.85 per cent on the BSE.
Kotak Mahindra Bank Recovered it’s losses and gained 0.38 per cent. Earlier it had slipped by 2.85 per cent on the BSE.
State-owned banks launched an emergency credit line to provide funds to its existing MSME and corporate borrowers in the last week of March, soon after the lockdown was announced.
Keeping the RBI’s decision in view, majority of the banks that have announced moratorium took to twitter to inform their respective borrowers.
