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.
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 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.
EXAMIANS