Abolish pre-payment penalty

In a relief to home loan borrowers from housing finance companies, the National Housing Bank...

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Failed ATM transactions: reversal in 7 days

On 1 July 2011, RBI directed banks to reimburse customers for amounts wrongfully debited from...

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Banking: M-wallet limit raised to Rs50,000

Relaxing the norms for making payments using mobile phones, known as m-wallet, the RBI decided...

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