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Customer Rights Upheld By RBI: Banks Must Rectify Interest Charges, Refund Overcharged Customers

The RBI said unfair practices and other such non-standard practices of charging interest do not align with the spirit of fairness and transparency while dealing with customers. ....

Reserve Bank , Fair Practices Code , Rbi Guidelines For Banks , Rbi Guidelines For Home Loan , Air Lending Practices Rbi Guidelines ,

RBI asks lenders to be fair and transparent in dealing with borrowers

Reserve Bank of India (RBI) has asked lenders to be transparent in their dealings with borrowers and show fairness while charging interest on loans, even as they enjoy complete freedom in the pricing ....

Reserve Bank , Fair Practices Code , Business News , Reserve Bank Of India , Indian Banks , Regulated Entities , Banking News , Fair Practices Code , Ndian Finance Industry ,

Reserve Bank of India (RBI) | Banks told to stop dodgy rate practices, RBI issues reminder on Fair Practices Code

Reserve Bank of India (RBI) | Banks told to stop dodgy rate practices, RBI issues reminder on Fair Practices Code
telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.

Reserve Bank , Fair Practices Code ,

Why RBI has advised banks to refund borrowers for overcharging on interest

In the case of repayment of loans during a month, some banks were charging interest for the entire month, rather than only for the period for which the loan was outstanding. RBI recently found banks following several other unfair practices. ....

Non Banking Financial Corporations , Fair Practices Code , Regulated Entities , Interest Rates On Loans , Eserve Bank Of India Rbi , Anks Unfair Practices , Thanks News , Urrent Affairs , Xpress Explained ,

RBI Exposes Banks' 'Unfair Practices': Lenders levy interest on loans from date of sanction, not disbursement - Money News

RBI Exposes Banks' 'Unfair Practices': Lenders levy interest on loans from date of sanction, not disbursement - Money News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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