RBI invites public comments on draft rules to standardise how lenders set interest rates
The Economic Times has reported a new India-focused economy development: “RBI invites public comments on draft rules to standardise how lenders set interest rates.” The publisher's feed describes the story as follows: The Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across various financial entities. Benchmark-linked lending and interest calculation methods will see stricter regulations. The proposed framework will tak
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