RBI directs lenders to review their lending practices in lin

RBI directs lenders to review their lending practices in line with fair practice code

Some lenders are resorting to certain unfair practices in charging interest rates such as charged interest on loans from the date of sanctioning or execution of the loan agreement rather than from the date of disbursement.

Related Keywords

India , , Reserve Bank , Fair Practices Code , Rbi , Fair Practice Code , Regulated Entities , Unfair Practices , Loan Disbursement , Online Account Transfers , Reserve Bank Of India , Excess Interest ,

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