Bank of Maharashtra sanctions Rs 2,779 crore since March - THEMARKETTRENDZ

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Wednesday, 8 July 2020

Bank of Maharashtra sanctions Rs 2,779 crore since March

The loans to MSMEs were offered majorly under the government's Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) and the lender's emergency credit line for COVID-19. Since the declaration of lockdown, the bank has sanctioned additional loans to its customers, including MSMEs, agriculture and personal borrowers.

from Banking/Finance-Industry-Economic Times
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