Indian Bank has launched five special emergency loans for large corporates, medium enterprises, MSMEs, salaried and pensioners as a support to its customers effecting through economic slump and lockdown because of COVID-19 pandemic. Earlier, State Bank of India(SBI), Union Bank of India (UBI), Bank ofIndia (BOI) initiated schemes to provide liquidity relief to borrowers. IND- COVID Emergency Credit Line (IBCECL) IND- MSE COVID Emergency Loan (INDMSE-CEL) SHG-COVID – SAHAYA LOAN IND-COVID Emergency Salary Loan IND COVID- Emergency Pension Loan
