The government has imposed strict movement regulations amid the COVID-19 lockdown in the country. All bank account holders fail to withdraw their money and meet the banks directly. It has become tough to lead their life with minimum needs because of shortage of money, especially to senior citizens. In this context, the top banking institutions such as State Bank of India (SBI), HDFC Bank, ICICI, AND Axis Bank will now give essential services to their bank account holders. They will provide Doorstep Banking facilities which includes cash delivery, cash withdrawals, cheque deposits, etc. As of now, the State Bank of India is a bigger arranger responsible for external commercial borrowings in the country and it’s one of the biggest providers of infrastructure debt. So SBI is performing a major role in providing reliable doorstep banking services to the customers.
Covid-19, Doorstep banking service, SBI, HDFC, ICICI commercial borrowings
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