New norms for penal charges on loans: RBI gives banks, NBFCs 3 more months

New norms for penal charges on loans: RBI gives banks, NBFCs 3 more months

The Reserve Bank of India (RBI) has granted three more months to banks and non-banking financial com..

  • 29 December 2023
RBI issues guidelines to regulate penal charges on loans

RBI issues guidelines to regulate penal charges on loans

The Reserve Bank of India (RBI) has directed banks and non-banking financial companies (NBFCs) not t..

  • 18 August 2023
How RBI’s proposal on penal charges could impact banks’ revenues

How RBI’s proposal on penal charges could impact banks’ revenues

The Reserve Bank of India (RBI) has issued a draft circular on penal charges levied by banks and non..

  • 13 April 2023