Banks not happy with RBI’s penalty charge guidelines
In a representation to the RBI earlier this month, lenders argued that penal interest rates contribute to better credit discipline. They also stated that they require additional time to reconfigure their internal systems.
DNA News Desk
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In a representation to the RBI earlier this month, lenders argued that penal interest rates contribute to better credit discipline. They also stated that they require additional time to reconfigure their internal systems.
