RBI directs banks, other lenders not to levy pre-payment charges on biz loans to individuals, MSEs ...Middle East

The RBI on Wednesday directed banks and other lenders not to levy any pre-payment charges on all floating-rate loans and advances, including for business purposes, availed by individuals and micro and small enterprises (MSEs).

Hence then, the article about rbi directs banks other lenders not to levy pre payment charges on biz loans to individuals mses was published today ( Wednesday 02/07/2025 - 08:09 PM ) and is available on Devdiscourse ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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