From October 3, loan camps are going to be held in 200 districts across the country for consumers who may want a loan. Public sector banks, non-banking financial companies (NBFCs) and micro-finance institutions are gearing up to act on Finance Minister Nirmala Sitharaman’s promise to distribute loans.
The loan camps are being held later than the scheduled date of September 24-29 as lenders will be involved in finalising their balance sheets during this period for the second quarter of this financial year — a period when public sector bank unions will also be on a two day protest.
The loan camps are being held later than the scheduled date of September 24-29 as lenders will be involved in finalising their balance sheets during this period for the second quarter of this financial year — a period when public sector bank unions will also be on a two day protest.