Under the new policy that was finalised a few weeks ago, the public-sector bank would give working capital as well as term loans to manufacturers of lab-grown stones against 100% collateral security and high internal rating of the borrower, said a person familiar with the bank's internal circular.source https://economictimes.indiatimes.com/industry/banking/finance/banking/pnb-buries-ghost-of-2018-to-fund-lab-diamonds/articleshow/98259541.cms
No comments:
Post a Comment