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Rajnish Kumar, SBI, COVID-19, SMEStreet.inBanking & Finance

SBI Chairman Seeks Govt Guarantees to Enable Banks to Lend to Companies

SBI has also extend moratorium on loan repayment to 6 months. Chairman of SBI Rajnish Kumar said bank can play a critical role of intermediation by lending to corporates if the government provides them with the risk capital or extends guarantees against corporate loan defaults and the RBI gives them liquidity support for the purpose.

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