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 ...

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