Despite online confusion around Muharram-related bank closures, banks across India are open today, Monday, July 7, 2025, as ...

The Kerala High Court stated that AD-I banks authorized by RBI can grant extension for export drawback claims, RBI's direct approval not mandatory. Justice Ziyad Rahman A.A. stated that ...

RBI has directed banks, NBCs and other lenders not to charge any pre-payment charges on all floating-rate loans, including ...

RBI issues new directions on pre-payment charges for loans, effective Jan 2026. Rules cover floating rate loans for individuals and MSEs, aiming for transparency and fair ...

MUMBAI: After banning penal charges for foreclosing/pre-payment penalties on mortgage loans a few years back, the Reserve ...

The RBI said its supervisory reviews have indicated divergent practices amongst regulated entities with regard to levy of pre ...

However, recent incidents of identity theft and fraud through AePS has prompted the central bank to act. In line with the ...

RBI bars bank and non-bank lenders from levying pre-payment charges on floating rate loans bought by retail customers ...

The initiative is aimed at enhancing transparency in digital lending practices, in how loan products are offered and ...

False Positives / Data Bias: If mobile numbers are wrongly flagged (e.g. recycled SIMs), customers may face unfair friction. Privacy & Consent: Cross-sharing of telecom and banking data must be ...

In a recent development, the Reserve Bank of India has made it mandatory for credit information companies to provide ...