RBI's exclusion of gold loans originated by NBFCs from priority sector lending hurts gold loan companies, increasing their cost of funds. Shares of Muthoot Finance, Manappuram, IIFL Finance drop.
Banks have instructed their branches to ensure that gold loans availed of by customers are repaid and closed, and not renewed ...
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RBI says banks cannot impose excessive charges on loan amounts upto ₹50,000 under the priority sector lendingThe central bank stated that no loan-related and ad hoc service charges or inspection charges shall be levied on priority ...
Both options come with their pros and cons. You may decide based on your requirements of funds and how quickly you need it.
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RBI Limits excessive charges on loans up to Rs 50,000 under PSLThe bank stated, ’No loan related and ad hoc service charges/inspection charges shall be levied on priority sector loans up ...
Bajaj Finance Limited is excited to announce the commencement of its much-anticipated Loan Fest, running from March 1 to ...
RBI has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority ...
The central bank stated that no loan-related and ad hoc service charges or inspection charges shall be levied on priority ...
MADURAI: A recent policy change introduced by the Reserve Bank of India regarding repayment of jewel loans has cast a new ...
EAGLE, ID / ACCESS Newswire / March 19, 2025 / Money Metals today announced the acquisition of $50 million in equity and debt capital to expand its program giving businesses and investors access to ...
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