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Start learning 50% faster. Sign in nowThe Reserve Bank of India (RBI) has charged the Non-Banking Finance Company (NBFC) L&T Finance with Rs 2.50 crore for failing to adhere to certain regulatory provisions regarding interest rates. The NBFC had not disclosed to its retail borrowers the gradation of risk and rationale for charging different interest rates to different categories of borrowers in the loan application form or sanction letter. It also failed to notify the change in the penal interest rate to its borrowers whenever it charged higher rates than what was communicated at the time of sanction. Additionally, it failed to give notice of change in the terms and conditions of loans to its borrowers when the NBFC charged an annualised rate of interest, which was higher than what was communicated at the time of sanction.
India hosted the G 20 presidency for 2023, the work of G20 is divided into how many tracks?
India ranks _________ in the world production of pulses as on 2017-18.
Which of the following dynasties is not related to the southern part of India?
In which district of Karnataka is the historic place ‘Hampi’ located?
What is Grundfos AQpure?
1. An inbuilt packaged black (sewage) and grey water (kitchen and bath water) treatment system having advanced anaerobic...
Which of the following states has mangrove forests?
Reo Purgyil mountain peak is located in which of the following states?
As the river enters the plain it twists and turns forming large bends known as ______.
How many members are to be nominated by the Central Government to the National Social Security Board as per the provisions of the Unorganized Workers' ...
Bajram Begaj has recently become the President of which country?