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4 ways banks are overcharging borrowers on loan interest rates, as per RBI
Summary by The Economic Times
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4 ways banks are overcharging borrowers on loan interest rates, as per RBI
Date for interest charging by banks: The Reserve Bank of India did onsite review of banks and other financial institutions to check how lenders are charging interest on loans issued to borrowers. The central bank found four instances where banks were following unfair lending practices. Read on to know more about this and what RBI has asked banks to do.
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