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Tips to get loans and tide over a cash crisis in these difficult times

You are more likely to get one from a bank with which you already have a relationship

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Coronavirus  |   Lockdown

Sanjay Kumar Singh & Bindisha Sarang  |  New Delhi/Mumbai 

Mansi Singh (name changed on request), 42, is a Mumbai-based self-employed professional who offers consulting services on branding and marketing communications to a US-based company and to another smaller firm in Mumbai. The US company has terminated its contract for now and the Indian firm’s revenues have also taken a hit due to the lockdown. “I have had no assignment for the past month-and-a-half.

A lot of my funds are also locked up in market investments, which I don’t want to sell at a loss. I had one month's emergency fund set aside, but that is exhausted now. I ...

First Published: Fri, May 01 2020. 16:37 IST