The country’s largest lender State Bank of India (SBI) has drawn up a scheme to provide additional funding to borrowers whose operations are impacted by coronavirus. The Covid-19 Emergency Credit Line (CECL) will be in force up to June 30 and will be equivalent to 10% of their working capital limit, subject to a cap of Rs 200 crore.March 21, 2020 at 04:00AM
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