There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. … [Read more...] about SBI Card gives customers option to restructure credit card payments into loans
New small business loans for bad credit
The government launched the MSME loan scheme as part of the COVID-19 economic package. As per this, MSMEs can borrow up to 20 percent of their outstanding loan amount as on February 29. State-run banks have been aggressively pushing the scheme from the beginning while private banks joined later. … [Read more...] about Private sector banks catch up with PSBs on MSME loan scheme
The SBI deal was delayed due to COVID-19 as the public lender wanted to observe pick-up in toll collections after the lifting of lockdown, a source told the paper. “With toll collections seeing a healthy recovery post unlocking of the economy, SBI was comfortable with the financing," they added. … [Read more...] about Cube Highways signs Rs 3,500 crore loan agreement with SBI to buy NHAI toll roads: Report
"Although gross and net non-performing asset ratios had come down in March 2020 along with receding slippage ratios, the economic fallout of the pandemic is likely to test this resilience, especially since the regulatory accommodations announced in the wake of the outbreak have masked the consequent build-up of stress," the RBI said. … [Read more...] about Interest waiver on loan moratorium case | Here’s what has happened so far
> The 26 sectors specified by the panel are: Power, construction, iron and steel manufacturing, roads, real estate, trading wholesale, textiles, chemicals, consumer durables/FMCG, non-ferrous metals, pharma, logistics, gems and jewellery, cement, auto components, hotels, mining, plastic products manufacturing, automobile manufacturing, auto dealership, aviation, sugar, port and port services, shipping, building materials, and corporate retail outlets. … [Read more...] about KV Kamath committee report on loan restructuring for sectors: What does it mean?