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Lenders cannot levy floating rate loan foreclosure charges on customers, MSEs: RBI
Business

Lenders cannot levy floating rate loan foreclosure charges on customers, MSEs: RBI

The Reserve Bank of India (RBI), in its draft circular issued today, said lenders shall not levy any charges or penalties in case of foreclosure

Floating rate retail loans get cheaper
Business

Floating rate retail loans get cheaper

Floating rate retail loans such as home loans and mortgage loans are turning cheaper as major banks are giving effect to the recent 25 basis

Why floating solar needs government support
Business

Why floating solar needs government support

The Omkareshwar dam on the Narmada in Madhya Pradesh creates a reservoir of about 90 sq km — roughly the size of Gurugram or Noida