Moratorium shouldn't be extended beyond August, says Punjab National Bank - THEMARKETTRENDZ

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Monday, 24 August 2020

Moratorium shouldn't be extended beyond August, says Punjab National Bank

“The moratorium should not be extended because moratoriums are given only when the situation is uncertain and one cannot ascertain the impact,”said MD and CEO Mallikarjuna Rao, adding that green shoots were already visible in the economy. Rao expected a broader revival, encompassing more sectors of the economy, to be more effective from October onward.

from Banking/Finance-Industry-Economic Times
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