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SBI launches e-facility to check eligibility for retail loans restructuring

Reserve Bank of India had announced a one-time restructuring scheme for personal loan and corporate borrowers affected by Covid-19 stress

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As of now, around 3,500 retail customers of the bank have accessed the portal and out of them 111 are eligible who have got the reference number generated

Press Trust of India Mumbai

2 min read Last Updated : Sep 22 2020 | 12:57 PM IST

The country's largest lender State Bank of India (SBI) on Monday said it has launched a facility on its website to help retail customers check their eligibility for one-time loan restructuring announced by the RBI.

Last month, the Reserve Bank of India (RBI) had announced a one-time restructuring scheme for personal loan and corporate borrowers affected by Covid-19 stress.

"We thought instead of people actually visiting our branches, we can provide this tool and they can initially check their eligibility," the bank's managing director (retail & digital banking) C S Setty told reporters.

An eligible customer, however, will have to later visit the

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