Saturday , November 7 2026

Business

RBI gave major instructions regarding the method of interest recovery by banks, these orders will be implemented with immediate effect

[ad_1] RBI: Expressing concern over unfair practices adopted by some banks and financial institutions in charging interest, the Reserve Bank of India (RIB) directed them to take corrective steps and refund the excess charges. The guidelines issued on Fair Practices Code for Financial Institutions (REs) under the ambit of RBI …

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