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New RBI rules on penal charges on loans: Will there be any upper limit/cap for imposing penal charges?

the RBI stated that the transition to the new punitive charges regime should occur on or after April 1, 2024, but no later than June 30, 2024 in the case of existing loans.

Federal Bank : Sale of Immovable Asset - M R Motors -December 28, 2023 at 01:21 am EST

Acuité downgrades rating of ITI Ltd

Acuité downgrades rating of ITI Ltd
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