Thursday, January 28, 2021

Competition Commission dismisses complaint against ICICI Bank

In its order passed on Wednesday, the regulator said the allegations of abuse of dominance specifically relate to arbitrary increase in interest rate on home loan and increase in tenure of home loan by the bank on the basis of one-sided conditions in the loan agreement.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/competition-commission-dismisses-complaint-against-icici-bank/articleshow/80501716.cms

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