Public Sector Banks announce new loans to mitigate impact of Corona

This will include the unsecured loans of upto five lakh rupees to individuals to meet their and family members’ COVID-19 treatment cost.

Public sector banks in India have announced various support measures and launch of new loan products to mitigate the impact of COVID pandemic.

This will include the unsecured loans of upto five lakh rupees to individuals to meet their and family members’ COVID-19 treatment cost.

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The Indian Banks Association and State Bank of India jointly announced three new loan products in Mumbai yesterday.

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