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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. ....

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

RBI directs review of unfair interest practices by financial institutions

RBI directs review of unfair interest practices by financial institutions
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New Delhi , Reserve Bank , Fair Practices Code ,

RBI penalises IDFC First Bank, LIC Housing Finance for non-compliance

RBI penalises IDFC First Bank, LIC Housing Finance for non-compliance
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

First Bank , Statutory Inspection , Supervisory Evaluation , Fair Practices Code ,

RBI imposes penalties on IDFC First Bank, LIC Housing Finance for non-compliance

In a statement, the RBI said the penalty on IDFC First Bank has been imposed for non-compliance with certain directions on 'Loans and Advances - Statutory and Other Restrictions'. ....

India General , First Bank , Saraswati Properties , Reserve Bank , Statutory Inspection , Supervisory Evaluation , Fair Practices Code , Motor Finance , Nithya Finance , Bhatia Hire Purchase , Jiwanjyoti Deposits , Opportunity Finance , Invel Commercial , Mohan Finance ,

Loan default: Struggling to repay your loan? Understand borrower's rights

Despite defaulting, borrowers have legal rights that lenders must respect ....

Reserve Bank , Fair Practices Code ,