RBI mandates lenders to offer fixed interest rates on personal loans with options to switch, subject to applicable charges.

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It is clarified that the circular covers all equated installment-based personal loans, irrespective of whether they are ...

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The RBI on Friday said it is mandatory for banks to offer fixed interest rate product in all equated installment based ...

The Reserve Bank of India has mandated that banks offer fixed interest rate options for all personal loan categories. This ...