logo

Consumers now to get loans up to 70pc from banks

FE REPORT | Tuesday, 13 July 2021


Consumers will from now on get loans up to 70 per cent from banks to purchase digital devices from 30 per cent earlier.

The central bank issued a circular in this connection on Monday.

According to the circular, the banks and consumers debt-equity ratio has been revised to 70:30 instead of 30:70 earlier.

siddique.islam@gmail.com