Canara Bank announces credit support for borrowers affected by COVID-19

It has employed various strategies like SMS, call centres, emails and personal calls to reach out to the eligible borrowers to explain the facility in order to sanction the loan. The bank said it has also sanctioned more than Rs 60,000 crore of advances to corporates and MSMEs from March 2020 till date.

from Banking & Finance – The Financial Express https://ift.tt/2WWrdZ3