RBI New Guidelines: Time to memorise your 16-digit card number with CVV - Know more - The apex bank wanted the new rules to come into effect in July this year but because banks were not ready it was postponed by six months
Banks are being incentivised for quick delivery of credit under the scheme.
Banks may deliver these loans to borrowers directly or through intermediary financial entities.
Mumbai, May 5 (IANS) As the county`s healthcare system reels under the severe Covid crisis, the Reserve Bank of India (RBI) on Wednesday announced a liquidity window of Rs 50,000 crore wherein vaccine makers, hospitals, oxygen suppliers among other healthcare stakeholders would be able to get loans at the repo rate till March 31, 2022.
The loans would be for tenors of up to three years, said the RBI Governor Shaktikanta Das during a virtual address.
Das said that banks are being incentivised for quick delivery of credit under the scheme through extension of priority sector classification to such lending up to March 31, 2022. These loans will continue to be classified under priority sector till repayment or maturity, whichever is earlier.
SBI savings account: Here is how to update email ID online
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Have you changed your email ID recently? If yes, did you get it updated with your bank? If not, then do it as it will help you to keep a tab on all your transactions. The country s top lender State Bank of India (SBI) allows its customers to change or update their email ID with their savings account. This can be done either online or through the mobile app or by visiting the SBI branch.
Here is how to update your email ID online