Search result for 'key facts statement'

The Reserve Bank of India has mandated that banks offer fixed interest rate options for all personal loan categories. This move aims to protect borrowers from negative amortization due to rising...

RBI has lifted restrictions on Bajaj Finance's eCOM and Insta EMI Card lending after the company addressed digital lending guideline violations.

The Reserve Bank of India (RBI) has mandated all lenders to provide a key facts statement (KFS) for retail and MSME loans from October 1, 2024, aiming to enhance transparency and empower borrowers.

Bankers applaud the Reserve Bank of India's decision to hold rates steady, citing its balanced approach to managing inflation and supporting economic growth. The policy also includes measures to...

Reserve Bank of India (RBI) mandates all lenders to provide a Key Fact Statement (KFS) for retail and MSME loans, aiming to enhance transparency and empower borrowers to make informed decisions.