The Reserve Bank of India has introduced a draft proposal that seeks to remove foreclosure charges and pre-payment penalties on floating rate loans. This regulation will benefit individuals and micro ...
On January 10, 2025, the Oregon Legislative Counsel introduced Senate Bill (SB) 951, aiming to modernize Oregon’s corporate practice of ...
The RBI's draft guidelines propose removing prepayment penalties on floating-rate loans for retail and MSME borrowers, ...
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Musalem Says Fed Policy Should Be 'Modestly Restrictive'Federal Reserve Bank of St. Louis President Alberto Musalem says policy should remain "modestly restrictive" until it's clear inflation is on track to the central bank's 2% target. Musalem also says ...
As we head into 2024, employers can expect more risk related to the use of restrictive covenants at both the federal and state level. From the ...
Mumbai: The RBI on Friday proposed to do away with foreclosure charges or pre-payment penalties charged by banks and other ...
RBI draft circular prohibits lenders from charging foreclosure fees on floating rate loans for MSEs and individuals.
Under the proposed norms, MSME borrowers will benefit from these provisions up to an aggregate sanctioned loan limit of ₹7.50 crore per borrower. This move is expected to support small businesses by ...
The Reserve Bank of India proposes to eliminate foreclosure charges on floating rate loans for individuals and MSEs, ...
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