Reserve Bank Of India (1)
The Reserve Bank of India released guidelines on Friday to control the penalties that banks and other lenders may impose borrowers for late payments or other violations. The central bank stated in its circul...
According to Punjab National Bank (PNB) employees speaking to news agency ANI on Tuesday, there is no requirement to submit any official verified papers (OVD), including an Aadhaar card, or fill out any forms i...
In addition to the current provisioning obligation, the new framework will compel banks to make provisions for borrowers' late repayments. The draught rules for banks to make provisions on a "anticipated cre...