Borrowers
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Realtors want banks to pass on rate cut benefits to borrowers
India | Apr 04, 2019, 07:52 PM ISTIn a bid to boost the sluggish economy before elections, the RBI Thursday cut the interest rate by 25 basis points for the second time in as many months, a move that may translate into lower EMIs for home and other loans.
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Govt to state-owned banks: Collect passport details of borrowers who have taken loans in excess of Rs 50 crore within 45 days
Business | Mar 06, 2018, 07:52 PM ISTIn case the borrower does not have a passport, the bank should obtain a certificate in the form of declaration that the person does not have the passport, sources said quoting the Finance Ministry's advisory to banks.
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RBI Asks Banks Not To Levy Pre-Payment Charges On Home Loans
Apr 17, 2012, 08:37 PM ISTMumbai, Apr 17: Providing relief to home loan borrowers, the Reserve Bank today asked banks not to levy any penalty on pre-payment of loans taken on floating rate.“Though many banks have, in the recent past,
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