individual borrowers
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Business
RBI bars pre-payment charges on transfer of floating rate loans for individual borrowers
Reserve Bank of India (RBI) has prohibited banks and other regulated lenders from charging pre-payment penalties on floating rate loans…
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Business
RBI asks banks to provide individual borrowers option to switch over to fixed rates at time of reset of interest rates
Reserve Bank of India, RBI, yesterday asked banks to provide fixed interest rate options to individual borrowers and directed the…
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