7 Sep 11: RBI has banned prepayment charges on floating rate loans. RBI has said that it is not appropriate to impose prepayment charges of floating rate loan contract as in this type of contract the borrower bears the complete…
Tag: loan
World Bank’s Loan to improve Civic Amenities in State
We are witnessing civic work developments in some regions of Greater Hyderabad these days. They are about to increase in the coming days as the World Bank has agreed to sanction a loan to Andhra Pradesh Municipal Development Project. The…