Punjab National Bank chief executive SS Mallikarjuna Rao has also confirmed the development, saying his bank has not raised rates even if there was a downgrade and SBI chairman Rajnish Kumar told industrialists that there’s an internal circular to that effect.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/many-psbs-walking-extra-mile-to-provide-succor-to-distressed-corporate-borrowers-bankers/articleshow/76495417.cms
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