The Forex reserve of India increased by USD 6.842 billion to $605.008 billion with this, India has tied with Russia as the fourth largest reserve holder in the world.
Presently banks are allowed to charge from customers a maximum of Rs 20 per transaction. RBI has increased this limit to Rs 21 per transaction w.e.f January 1, 2022.
The SBI has launched a new loan product 'Kavach Personal Loan' to provide financial relief to its customers who are facing economic crises due to covid related treatment costs.