Saturday, May 9, 2020

Working capital loan sanctions doubled in 2 days: Nirmala Sitharaman

A day after suggesting that Indian economy is "poised to recover" as indicated by high levels of loan sanctions by banks over last two months, Finance Minister Nirmala Sitharaman on Saturday pointed out that banks are leaving no stone unturned to ensure that the current coronavirus situation does not result in liquidity crisis for businesses.

source https://economictimes.indiatimes.com/industry/banking/finance/working-capital-loan-sanctions-doubled-in-2-days-nirmala-sitharaman/articleshow/75646152.cms

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