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Business Today

NEW-AGE BANKING

, when coronavirus had triggered a near total lockdown across the world, and things were looking really bleak, not everything was gloom and doom in the financial services industry. Besides taking big managerial decisions while operating from different locations, financial institutions started finding expansion opportunities in the crisis. Several public sector banks launched emergency Covid loans as well as various kinds of personal loan products to help customers. Similarly, insurance companies, including Star Health, ICICI Lombard, Bharti Axa General Insurance and a few others, launched

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