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RBI bars pre-payment charges by banks for transfer of loans
In a major relief for borrowers, the Reserve Bank of India (RBI) has announced that banks and other regulated...
RBI may take action against more NBFCs to check obscure lending
Reserve Bank of India's (RBI) Thursday action against four NBFCs and asking them to cease and desist from making...
Non-lending financial service companies better placed than banks
The non-lending financial service companies are better equipped to manage the impacts of rate cuts compared to...
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