RBI Tells Banks To Inform Borrowers Regarding Key Facts Statement Of Loan From October 1: Check 8 Key Points

Tuesday, 16 April 2024
RBI said that credit card receivables are exempted from the provisions.

0 shares	Share Tweet Save Post Send

Banks Must Provide Simple Key Facts Statement To Borrowers On Terms Of Loans: RBI

The RBI has decided to harmonise all instructions on KFS and disclosure of the Annual Percentage Rate (APR).
Zee News on April 15, 2024

Disclose all loan fees upfront from Oct 1: RBI

The Reserve Bank of India (RBI) has mandated banks and finance companies to provide borrowers with a comprehensive key facts statement starting from October 1....
IndiaTimes on April 15, 2024

RBI Tells Banks To Inform Borrowers Regarding Key Facts Statement Of Loan From October 1: Check 8 Key Points

You Might Like

Related news from verified sources

Banks Must Provide Simple Key Facts Statement To Borrowers On Terms Of Loans: RBI

Disclose all loan fees upfront from Oct 1: RBI