The Reserve Bank of India (RBI) has issued a caution against misleading ads offering loan waivers, noting entities charging fees for unauthorised 'debt waiver certificates.' Some campaigns advise against paying bank dues, undermining regular repayment practices. RBI warns borrowers, emphasising that such activities harm financial stability and may lead to direct financial losses.
from Banking/Finance-Industry-Economic Times https://ift.tt/AGXHiTp
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