See Unfair Practices In Charging Of Interest: RBI
During the course of an onsite examination of regulated entities for the period ended March 31st 2023 the RBI has found instances of lenders resorting to unfair practices in charging of interest and has directed all Regulated Entities to review their practices. Sakshi Bajaj decodes RBI's clear directive in the interest of customers and to boost transparency and fairness in the system with Business Economist, Sanchita Mukherji.
