Special loan, investment facility to CMSME affected by COVID-19
Nov 19, 2020
Special Loan and Investment Facility to CMSME Affected by COVID-19
The circular, issued on April 13, 2020, highlights difficulties faced by banks and financial institutions in complying with the mentioned circular. These challenges include delays in crediting checks for balance adjustment and CMSME customers defaulting on their bank debts. To address these issues, amendments have been made to the circular.