Banks Cannot Impose Excessive Charges on Loan Amounts Upto INR 50,000: RBI

Agency News

⚡Banks Cannot Impose Excessive Charges on Loan Amounts Upto INR 50,000: RBI

By ANI

 Banks Cannot Impose Excessive Charges on Loan Amounts Upto INR 50,000: RBI

The Reserve Bank of India (RBI) has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority sector lending (PSL) category.

Related Stories

Leander Paes Turns Showstopper for Fashion Designer Abhishek Roy at FDCI X Lakmé Fashion Week 2025 Leander Paes Turns Showstopper for Fashion Designer Abhishek Roy at FDCI X Lakmé Fashion Week 2025 ‘Khakee: The Bengal Chapter’ Star Prosenjit Chatterjee Impresses Fans in Traditional Attire at Lakme Fashion Week X FDCI ‘Khakee: The Bengal Chapter’ Star Prosenjit Chatterjee Impresses Fans in Traditional Attire at Lakme Fashion Week X FDCI ‘Tu Meri Main Tera Main Tera Tu Meri’ Release Date: Kartik Aaryan’s Upcoming Romantic Flick Locks Valentine’s Day 2026 – Deets Inside! ‘Tu Meri Main Tera Main Tera Tu Meri’ Release Date: Kartik Aaryan’s Upcoming Romantic Flick Locks Valentine’s Day 2026 – Deets Inside! Mumbai Cricket Association Welcomes South Australian Premier Peter Malinauskas as He Visits Wankhede Stadium Mumbai Cricket Association Welcomes South Australian Premier Peter Malinauskas as He Visits Wankhede Stadium