Business2 hours ago
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RBI Proposes Tighter Loan Pricing Rules: Key Changes Explained
RBI's new loan pricing rules aim to enhance transparency and fairness for borrowers. The proposed framework includes benchmark-linked rates and APR caps for small-value loans, ensuring better pricing policies. These changes are designed to protect consumers and improve the lending landscape in India.
⚖️ AI Verdict
"Looks like the RBI is tightening the screws on loan pricing for a fairer deal!"
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File ID: #336108Original Source: LiveMint Money ↗
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