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Total 8 results found. Search for [ charging loan foreclosure penalties ]

Results 1 to 8 of 8
T V Mohandas Pai
New Delhi, September 9, 2019
The most important thing to do now is not to shock the system, give confidence to the industry, bring liquidity into the system and reduce interest rates.


PTI
August 7, 2019
RBI Monetary Policy: The Reserve Bank of India (RBI) is likely to cut its key policy rate by a quarter percentage point on Wednesday as tepid consumption and investment growth continue to hurt economic expansion, a survey showed.


PTI
August 3, 2019
The Reserve Bank on August 2 barred non-banking finance companies from charging pre-payment penalties or foreclosure charges from individual borrowers.


PTI
Mumbai, May 9, 2014
SBI Chairperson Arundhati Bhattacharya said the bank would launch a special scheme for children in the next three months.


PTI
Mumbai, May 7, 2014
In the first bi-monthly monetary policy statement for 2014-15 released last month, the RBI had said banks should consider allowing their borrowers the facility of prepaying floating rate term loans without any penalty in the interest of their customers.


PTI
New Delhi, June 5, 2012
The removal of the charges or penalty, the RBI said, will lead to reduction in the discrimination between existing and new borrowers and competition among banks will result in finer pricing of the floating rate home loans.


Pritam P Hans
June 25, 2012
In April, RBI asked banks to stop levying foreclosure charges and pre-payment penalties on floating rate home loans. Should you shift to a lender offering a lower rate?


PTI
New Delhi, April 17, 2012
The removal of charges will lead to reduction in the discrimination between existing and new borrowers and more competition between banks.


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