Central bank to provide Rs 112 billion refinance facility to sectors hit hard by Covid-19

Commercial banks across the country have started to take in applications from borrowers to avail of the subsidised loans.

Commercial banks across the country have started to take in applications from borrowers to deliver them refinance facilities. The refinance facility has been introduced by the central bank to assist businesses affected by Covid-19 under the provision made in the monetary policy for the current fiscal year 2020-21.