Directed Banks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Directed Banks. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Directed Banks Today - Breaking & Trending Today

RBI To Stop Banks From Capitalising Penal Charges on Loans Defaults

Published: April 12, 2023

The Reserve Bank of India on Wednesday proposed to prohibit capitalisation of penal charges and additional interest levied by banks on customers for loan defaults, in a bid to streamline divergent practices followed by lenders. RBI To Stop Banks From Capitalising Penal Charges on Loans Defaults.

Source: latestly.com

Related Topics:

Reserve BankFair Lending PracticeDirected BanksGita SaarLast PageCall AccountCheck Reveals Truth Behind FakeAmerican Express Onboarding New CustomersLoan AccountLoans DefaultsPenal ChargesReserve Bank Of India