Penal charge, interest on your loan? New RBI rules from April 1 - what borrowers should know
Tuesday, 2 April 2024 RBI introduces new rules on penal charges and interest, effective April 1, to prevent extra charges on loan accounts. The guidelines aim to promote responsible credit behavior, distinguish between fixed charges and additional interest, and ensure uniform penalties for borrowers.
India welcomes FY 2024-25, ushering in new rules from April 1, including reduced LPG cylinder prices and a revised tax regime. Taxpayers can now choose between old and new tax systems, while FASTag users must update KYC details to avoid disruptions. Meanwhile, essential medicines and car prices see...
Biden Cancels Over $7 Billion in Student Debt , for More Than 277,000 Borrowers.
On April 12, President Joe Biden said that over 277,000 borrowers in more than
40 states will have $7.4 billion in..
Credit: Wibbitz Top Stories Duration: 01:30Published
Today, The Two Mikes again spoke to Gordon Oliver from Cambridge Credit Counseling. Mr. Oliver, frank as always, said that the signs of more economic problems for those with debt problems..
Today,The Two Mikesagain spoke toGordon OliverfromCambridge Credit Counseling. Mr. Oliver, frank as always, said that the signs of more economic problems for those with debt problems have not..
Tuesday, 2 April 2024
![Biden Cancels Over $7 Billion in Student Debt for More Than 277,000 Borrowers [Video]](https://video.newsserve.net/300/v/20240412/1372488896-Biden-Cancels-Over-Billion-in-Student-Debt.jpg)
![Navigating a Tough Economy with Gordon Oliver [Video]](https://video.newsserve.net/300/v/20240409/1712700151-Navigating-Tough-Economy-with-Gordon-Oliver.jpg)
![Two Mikes: Navigating a Tough Economy | Gordon Oliver [Video]](https://video.newsserve.net/300/v/20240409/1712678972-Two-Mikes-Navigating-Tough-Economy-Gordon.jpg)
