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New Delhi [India], April 1 (ANI): The Reserve Bank of India introduced trade relief measures for exporters to counter ongoing logistical disruptions and geopolitical uncertainties. The central bank extended the enhanced export credit period of 450 days for all disbursals made until June 30, 2026. The bank released the Reserve Bank of India (Trade Relief Measures) Directions, 2026, to provide a buffer for businesses affected by the West Asia crisis. The RBI on Tuesday confirmed that the extensio ...Read More >
New Delhi [India], April 1 (ANI): The Reserve Bank of India introduced trade relief measures for exporters to counter ongoing logistical disruptions and geopolitical uncertainties. The central bank extended the enhanced export credit period of 450 days for all disbursals made until June 30, 2026. The bank released the Reserve Bank of India (Trade Relief Measures) Directions, 2026, to provide a buffer for businesses affected by the West Asia crisis. The RBI on Tuesday confirmed that the extensio ...Read More >
Mumbai (Maharashtra) [India], July 3 (ANI): In a major relief for borrowers, the Reserve Bank of India (RBI) has announced that banks and other regulated lenders will no longer be allowed to impose pre-payment charges on loans taken by individuals for purposes other than business. The RBI observed that some lenders were using restrictive clauses in loan contracts to discourage borrowers from switching to other lenders offering better interest rates or services. As per the new guidelines releas ...Read More >
Mumbai (Maharashtra) [India], July 3 (ANI): In a major relief for borrowers, the Reserve Bank of India (RBI) has announced that banks and other regulated lenders will no longer be allowed to impose pre-payment charges on loans taken by individuals for purposes other than business. The RBI observed that some lenders were using restrictive clauses in loan contracts to discourage borrowers from switching to other lenders offering better interest rates or services. Also Read | Amarnath Yatra 2025: ...Read More >
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