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RBI's new measures for loan interest clarity; Get ready to understand the all-inclusive interest costs for your loan!

In today’s monetary policy announcement, the RBI mandated that loan processing fees, documentation fees, and other charges be incorporated into the actual interest rates disclosed to borrowers.

Aniket Gogate 0 615 Article rating: 5.0

In today’s monetary policy announcement, the RBI mandated that loan processing fees, documentation fees, and other charges be incorporated into the actual interest rates disclosed to borrowers.

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