RBI mandates lenders to offer fixed interest rates on personal loans with options to switch, subject to applicable charges.
RBI via FAQs issued today says REs must provide options to switch over to a fixed rate as per board-approved policy at the ...
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The RBI on Friday said it is mandatory for banks to offer fixed interest rate product in all equated installment based ...
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The Reserve Bank of India has mandated that banks offer fixed interest rate options for all personal loan categories. This ...
It is clarified that the circular covers all equated installment-based personal loans, irrespective of whether they are ...