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SBI Chairman says PSU banks will offer Covid treatment loans

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SBI Chairman says PSU banks will offer Covid treatment loans

timestampMay 30, 2021 authorAlShorts Web Desk

State bank of India (SBI) Chairman Dinesh Khara has announced that public sector banks (PSBs) will offer unsecured personal loans for Covid treatment. The banks are offering a minimum loan of INR25,000 for Covid treatment, and will offer up to INR500,000 at concession rate. Interest rate will differ across banks, but will be set at 8% for SBI.

Latest News

India's active COVID-19 caseload at 541-day low

Global COVID-19 caseload nears 261 million mark

WHO names new COVID-19 strain 'Omicron'

Instagram head agrees to testify amid probe on app's effect on youngsters

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