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SBI Answers Questions On COVID-19 Related Loan Restructing

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The Reserve Bank of India (RBI) had permitted banks to provide a one-time resolution scheme to provide relief to individuals and businesses impacted by economic stress caused by the COVID-19 pandemic. Accordingly, the State Bank of India (SBI) has released a file answering FAQs on its scheme and has also launched an online portal for customers to check their eligibility to apply for the restructuring plan.

SBI Answers Questions On COVID-19 Related Loan Restructing
 

Keys points from the FAQs released by SBI on resolution framework for COVID-19 related stress relief: (Personal account segment)

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