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In case where the delay in releasing of original property documents is attributable to the regulated entity, it shall compensate the borrower at the rate of Rs 5,000 for each day of delay, the RBI says in directions to lenders
The lender will have to mention the timeline and place of return of original property documents in the loan sanction letters issued on or after December 1, 2023.
This is Part Twelve, the final installment of our series of legal updates on the Washington My Health My Data Act (“WMHMDA”). We are thrilled that you came along as we dove into the...
On April 17, 2023, the Office for Civil Rights ("OCR") of the U.S. Department of Health and Human Services ("HHS") issued a notice of proposed rulemaking to modify the Standards...
To expand ATM access in the country, the Reserve Bank of India has granted permission to non-bank entities to establish, own, and operate White Label ATMs nationwide. This move is aimed at enhancing banking services‘ reach and promoting financial inclusion.