loans

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RBI DIRECTS THE BANKS NOT TO LEVY FORECLOSURE/PREPAYMENT CLOSURE OF FLOATING RATE TERM LOANS

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RBI/2013-14/582 DBOD. Dir.BC.No.110/13.03.00/2013-14 May 7, 2014 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam Levy of foreclosure charges/pre-payment penalty on […]

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BANKS ARE ARMED WITH POWERFUL LAWS FOR RECOVERY – BORROWERS – BE CAREFUL BEFORE

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Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2011 approved  The Union Cabinet approved introduction of the

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