State Bank of India (SBI) has offered to extend relief on loans to its customers in Manipur, who have been affected by the ongoing unrest in the state. The relief package includes a moratorium of up to 12 months on equated monthly installments (EMIs), interest payments, and other installments.
It will be available to borrowers whose accounts had not turned non-performing assets (NPAs) as on May 3, 2023. The package will be implemented based on an assessment date of May 4, 2023. Borrowers who are interested in availing relief must approach their home branches or any nearby SBI branch by August 31, 2023.
State Bank of India is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
Company Name | CMP |
---|---|
SBI | 819.65 |
Bank Of Baroda | 262.65 |
PNB | 122.05 |
Canara Bank | 545.50 |
Union Bank Of India | 142.10 |
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