Banks Ordered Not To Charge Interest On Loan Amounts Not Received (Strict RBI Order)

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7 months ago

In a latest update, the Reserve Bank of India(RBI) has warned lenders to not levy interest from the date of loan sanction, instead of actual disbursement on Monday April, 29. Lenders Can’t Levy Interest On Loan Amounts Not Received They appear to have found in their observations that there is often a lag between sanction […]

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