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Reforming the Lending Landscape: RBI’s Directive to Review Overcharging on Loan Rates

May 27, 2024 precisateam No comments yet

Recently, the RBI has pointed out cases where bank loan rates have been excessively charged, emphasising the need for reform. Addressing this pressing issue, the central bank has taken a stand against unfair lending practices through a recent directive to restore transparency and fairness to the lending process. The lending practices in India have evolved […]

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