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RBI Issues Directions On Internal Ombudsman Rules For Banks, Nbfcs

RBI Issues Directions On Internal Ombudsman Rules For Banks, Nbfcs
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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Top 4 sectors to watch out for in 2024 for better returns

The article outlines India s thriving economic landscape, emphasizing robust GDP growth, healthy corporate earnings, and promising sectors poised for investment - building materials, BFSI-NBFCs, manufacturing, and autos and ancillaries. ....

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Score & Soar: Here's how your credit score can help land that dream job

Employers in financial services or organisations where financial responsibility is crucial, might use the services of credit bureaus to screen an applicant’s credit profile for a bird’s eye view of the hire’s financial habits. ....

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NBFCs disbursed most retail loans for vehicles, houses and education, shows RBI data

NBFCs disbursed most of their retail loans amounting to ₹4.33 lakh crore for vehicles. This was followed by ‘other retail loans’ amounting to ₹3.23 lakh crore, the RBI data reveals ....

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Penal charges in loan accounts: RBI gives 3 more months to banks, NBFCs to implement modified norms

Regulated entities, which include banks and NBFCs, have been asked to ensure that the instructions are implemented in respect of all the fresh loans availed from April 1, 2024 onwards. In the case of existing loans, the RBI said the switchover to new penal charges regime should be ensured on the next review/ renewal date falling on or after April 1, 2024, but not later than June 30, 2024. ....

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