Customer Rights Upheld By RBI: Banks Must Rectify Interest Charges, Refund Overcharged Customers
RBI has re-emphasised on fair lending practices by lenders. (Representative image) The central bank has also highlighted certain unfair practices being followed by certain lenders. Concerned over some banks and lenders resorting to unfair practices in charging of interest, the Reserve Bank of India (RBI) on Monday directed them to take corrective action and refund … Read more
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