Provide loan agreement info to borrowers: RBI
Reserve Bank of India (RBI) has asked banks and NBFCs to provide all borrowers from retail and micro and small
Read moreReserve Bank of India (RBI) has asked banks and NBFCs to provide all borrowers from retail and micro and small
Read moreSebi said it will increase the monetary threshold to define large corporate borrowers from the earlier lower limit of Rs.100
Read moreRBI has issued draft guidelines on classification of wilful defaulters, expanding the definition of the term and mandating lenders to
Read moreAn RBI circular that requires lenders to take a quick call on classifying wilful defaulters will also allow borrowers to
Read moreRBI has directed lenders to levy penalty for default by borrowers as ‘penal charges’ and not as ‘penal interest’ which
Read moreState Bank of India is adopting a novel way to ensure timely repayments, especially by its retail borrowers, by greeting
Read moreRBI is worried about the long extension of home loan tenures. Deputy governor M Rajeshwar Rao said that the regulator
Read moreReserve Bank of India deputy governor Rajeshwar Rao warned microfinance lenders against irresponsible lending and asked them to grow business
Read moreRBI has increased the upper limit of home loan amount by at least 100% for the individual borrowers of Primary
Read moreThe Finance Ministry expanded the scope of the Rs 5 lakh-crore Emergency Credit Line Guarantee Scheme (ECLGS) to support MSMEs
Read more