The Reserve Bank of India (RBI) on April 12, 2023, released Draft Circular on Fair Lending Practice - Penal Charges in Loan Accounts.
The Comments by the stakeholders on the ‘Draft Circular’ may be submitted by May 15, 2023, to the Chief General Manager, Department of Regulation, Central Office, Reserve Bank of India, 12th Floor, Central Office Building, Shahid Bhagat Singh Marg, Fort, Mumbai – 400001 or by e-mail with the subject line “Draft Circular on Fair Lending Practice - Penal Charges in Loan Accounts”.
The Draft Circular on Fair Lending Practice - Penal Charges in Loan Accounts.
[Press Release: 2023-2024/56]
