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Searched Tag: rbi guidelines
Finance Ministry to auction Rs 28,000 crore govt bonds on May 3

Finance Ministry to auction Rs 28,000 crore govt bonds on May 3

April 30, 2024, 02:10 PM - 2 min read

The Finance Ministry announces the sale of Government bonds worth Rs 28,000 crore through a price-based auction in three lots, managed by the RBI. Bids accepted electronically on May 3, with results announced the same day.

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The Reserve Bank of India (RBI) has announced significant changes regarding loan terms, emphasizing transparency and borrower empowerment.

RBI's new directive: Lenders must offer 'Key Fact Statement' to borrowers

April 16, 2024, 04:52 PM - 2 min read

Any fees, charges etc. which are not mentioned in the KFS, cannot be charged by the Regulated Entities (REs) to the borrower at any stage during the term of the loan without explicit consent of the borrower.

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