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Bank of Maharashtra may see rise in customer defaults due to pandemic impact

city New Delhi India city Pune covid-19 pandemic
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New Delhi: State-owned Bank of Maharashtra (BOM) said the pandemic-driven slowdown in the economic activities may lead to a rise in customer defaults, and its impact on the bank will depend on the COVID-19 situation going forward.There has been a significant volatility in the global and Indian economy as the outbreak of the pandemic continues to spread, Bank of Maharashtra said in its annual report 2020-21.The Pune-headquartered lender said the impact of the pandemic on its results will depend upon the developments on the coronavirus front going forward, including any stimulus or regulatory packages to mitigate its impact."While there has been an improvement in the economic activity since the easing of the lockdown measures, the slowdown.

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United States
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Recovered: 0
Brazil
Brazil
Cases: 21 835 785
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Recovered: 0
Russia
Russia
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Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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