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

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 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.

Market WRAP: Nifty closes at 17,100; Sensex soars over 1,000 points post-RBI meet
Market WRAP: Nifty closes at 17,100; Sensex soars over 1,000 points post-RBI meet

Market WRAP: Nifty closes at 17,100; Sensex soars over 1,000 points post-RBI meet

India VIX crashed over 6 per cent on such a positive day.   

Rohit Kale Article rating: 4.2

RBI meeting proved to be a relief for the bulls as strong short-covering was witnessed in the broader market. Nifty jumped 1.64 per cent to close at 17,000 while Sensex soared 1,015 points.

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