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The stress build-up due to Covid-19 and the mitigation measures for continued resilience of books of SFBs also formed part of the discussion
As many as 466 cases were withdrawn and 404 cases resulted in resolution while 1,371 resulted in liquidation
The banks may also endeavour to provide such services as part of their board-approved policy on 'Door Step Banking' services
Home loan EMIs keep running for over a decade or a two. You should transfer your loan if you are in the initial phase of your loan tenure.
There was a 42% rise in demand for switching lenders in the first half of 2021, said the study
Retail and SME loans are particularly vulnerable as Covid-19 has hit the income of households and small businesses.
Credit cards: These credit cards have lower interest, 5-year validity and multiple other benefits
AA also improves the availability of financial services and competition as the customer no longer has to depend on one provider
With the Covid-19 pandemic forcing many to avail of gold loan, there have been rising defaults as many are facing continued stress on their finances.
The government also hiked the contribution of public sector banks for employee pensions under NPS to 14% from 10% earlier.