If the loan is being filled the difficulty will just have to fill this form, the country's largest bank is giving relief

Given the Corona era, many banks are offering different types of facilities to their customers. If a bank has made it possible for its customers to withdraw money from home without going to a branch, then it is offering the option of withdrawing money from home.

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 In this context, the country's largest bank has given its customers the opportunity to restructure loans up to Rs 250 million. According to SBI chairman Dinesh Khara, the facility is a public sector bank for the general public, small businesses and MSMEs up to Rs 25 crore for loan restructuring.

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ગુજરાતી માં ન્યૂઝ વાંચો 

Loan

This plan is for any business or organization or loan borrower who wants to undergo loan restructuring. They can do this very easily. All you have to do is fill up an application on SBI's website and state what kind of change you want in loan restructuring.

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The decision was taken by the RBI

The Reserve Bank of India (RBI) has recently issued new rules ranging from restructuring loans of up to Rs 25 crore for the general public, small traders and MSMEs. Banks are now taking these steps to comply. Finance Minister Nirmala Sitharaman and RBI Governor Shaktikant Das said banks should take steps to restructure loans. Which is being done by other PSBs including RBI earlier.

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rbi

The decision taken for this

The purpose of this change from banks is to provide more help to the people, to help people in their livelihood and to boost business activities in the country. This change will encourage institutional lending on easy terms, as well as improve the condition of banks.

The announcement happened earlier this month

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sbi

The Reserve Bank of India announced Loan Restructuring 2.0 on the 6th of this month, stating that applications can be submitted till September 30, 2021 under the new arrangement. If all the conditions are met, the person / institution with the loan will have to apply to the banks within 90 days.