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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
Excessive borrowing in the unsecured segment a cause for concern: RBI Deputy Governor Rao
The Reserve Bank of India has, of late, seen some concerns of excessive borrowing in the unsecured segment and from derivative euphoria in the capital
Gold loans growing sharply as lenders shy away from unsecured loans, Muthoot Finance MD says
The sharp growth in lenders’ gold loan portfolio does not reflect stress on borrowers’ part, but lenders are shying away from growing their risky unsecured
How AGS Transact Technologies got into financial trouble
What does AGS Transact Technologies do? AGS Transact Technologies, which listed on the bourses in 2022, is a provider of digital and cash payments solutions.
Latest Market News Today Live Updates February 17, 2025: Gold rush offers shine to selective lenders
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian