COVID-19 IMPACT ON INDIAN BANKING SECTOR

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2022-05-01

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In order to defeat the pandemic, Indian Government announced lockdown in the country starting on March 24, 2020 and which was extended  to 3rd May, 2020 in the second phase. The lockdown was necessary as to prevent the faster spread of Novel Coronavirus and to save lives of people of the country, knowingly that it was going to affect the various sectors of our economy severely. The Banking and Non-banking finance companies (NBFCs) which are backbone of India's economy are not exception to the above.

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FINANCE

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