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Lenders impose home loan processing fees to offset the administrative expenses associated with processing your home loan application. This encompasses tasks such as verifying your income documents, conducting a credit check, and completing the loan approval procedures.
RBI Governor Shaktikanta Das said this will provide customers with a clear idea of the actual annualised interest rate they pay on the loan
Governor Das emphasized the RBIs reliance on bilateral engagement with regulated entities, focusing on nudging them towards corrective actions.
On the NSE, it jumped 6.46 percent to Rs 1,112 a share. The companys market valuation went up by Rs 38,740.62 crore to Rs 6,99,702.87 crore.
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