Co-op loanees not to benefit from Package

Sangai Express reports people who have regularly availed working capital loans from cooperative financial institutions will not be allowed to benefit from COVID-19 regulatory package announced by RBI.

Sources say these people were severely affected by the anti-corona virus measures taken by the government.

The anti-virus measures not only affected the working capitals but also caused their business to be on the verge of collapse.

A circular about COVID-19 regulatory package had been issued by the apex bank early this year.

Exit mobile version