Wednesday, February 7, 2024

BANKING

The Reserve Bank of India (RBI) has requested banks and NBFCs to provide borrowers from retail and micro and small enterprises with a key fact statement (KFS) detailing loan agreement information, including all-in-cost. The move aims to increase transparency and disclosure in loan pricing by regulated entities.

from Banking/Finance-Industry-Economic Times https://ift.tt/KoB8jp6
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