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Business

RBI bans NBFCs from charging loan foreclosure penalties

Foreclosure charges are part of the fee income for any lender and add to its bottomline.

3 Aug 2019 5:59 AM

Business

Loan EMI reminders despite RBI moratorium worry borrowers

Many borrowers, credit cardholders received SMS from their lenders reminding them to maintain sufficient balance on the...

31 March 2020 10:31 AM

Business

About 20% SBI borrowers opt for loan repayment moratorium: Chairman...

Kumar also advised borrowers to pay their loans if they are not facing any funding challenge

23 May 2020 3:49 AM

Business

'Essar, Bhushan Steel among 12 defaulters on insolvency list'

RBI identified 12 accounts for insolvency proceedings with each of them having over Rs 5,000 cr of outstanding loans..

17 Jun 2017 7:01 AM