NBFCs can’t charge prepayment fine: RBI https://ift.tt/33bSOH4 - Walletnews For Me

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Saturday, August 3, 2019

NBFCs can’t charge prepayment fine: RBI https://ift.tt/33bSOH4

The Reserve Bank of India (RBI) on Friday barred non-banking finance companies (NBFCs) from charging prepayment penalties or foreclosure charges from individual borrowers.
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