RBI’s rate cut to reduce cost of COVID loans for MSMEs offered by SBI to 7.0%, Mumbai circle of SBI disbursed Rs. 200 crore worth of COVID emergency loans so far
MUMBAI, 25th May 2020 (GNI): Reserve Bank of India’s move to reduce policy rate by 40 basis points on May 22, 2020 will reduce borrowing cost of COVID emergency loans offered by India’s largest public…