Kolkata : The sun shines brighter for small and marginal farmers in India as SwitchON Foundation has partnered with Punjab National Bank for the promotion of solar pumps. A First Loss Default Guarantee Fund will be set up by SwitchON Foundation through which Punjab National Bank will be financing solar pumps. “This partnership is extremely […]
Punjab National Bank extends moratorium to NBFC
Summary RBI on Saturday had conveyed to top banks that even NBFCs including microfinance firms and housing finance companies are covered under `borrowers’ to be eligible for moratorium. The central bank also told them they could use their discretion to decide the eligibility of firms based on their credit and liquidity profile. Kolkata: Punjab […]
