Banks and other lending institutions will not be allowed to levy penal interest with effect from January 1, 2024, says RBI in its notification on 'Fair Lending Practice-Penal Charges in Loan Accounts'
Reserve Bank Issues Fresh Norms For Personal Loans dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
The Reserve Bank of India (RBI) has released fresh directives targeted at regulated entities (REs) concerning punitive fees within loan accounts. The goal
RBI Issues Fresh Guidelines For Individual Borrowers pragativadi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pragativadi.com Daily Mail and Mail on Sunday newspapers.