Reserve Bank of India (RBI) | Penal charges in loan accounts

Reserve Bank of India (RBI) | Penal charges in loan accounts: Reserve Bank of India gives three more months to banks, NBFCs to implement modified norms

However, considering that certain clarifications and additional time has been sought by some regulated entities (REs) to reconfigure their internal systems and operationalize the circular, it has been decided to extend the timeline for implementation of the instructions by three months: RBI

Related Keywords

, Bank On , Reserve Bank , Fair Lending Practice , Loan Account , Reserve Bank Of India Rbi , Non Banking Financial Companies Nbfcs ,

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