Banks yet to act on EMI relief, spark confusion ...Middle East

The Times of India - News
Banks yet to act on EMI relief, spark confusion
With just two days left for the next EMI cycle to begin, most big lenders are unprepared to follow the Reserve Bank of India’s blanket order allowing borrowers to hold back from paying instalments for the month. Top lenders such as State Bank of India, HDFC Bank, ICICI Bank, Kotak Bank and Axis Bank have not activated any channel for customers to exercise an option.

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