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Tuesday, July 7, 2020

Borrowers opting out of loan moratorium with unlocking of economy, say bankers

According to Punjab National Bank Managing Director S S Mallikarjuna Rao, only 30 per cent of borrowers utilised moratorium facility while 70 per cent continued to service their loans. The bank had given the option of availing the option of loan moratorium to all its customers, he had said last month.

from Banking/Finance-Industry-Economic Times


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