rbi personal loan rules - siescollege.in

RBI Repo Rate Update: All Eyes on April MPC Meeting for Possible Rate Cut

April 6, 2025 by Rahul K

The Reserve Bank of India is gearing up for its next big move as the Monetary Policy Committee (MPC) prepares to meet from April 7 to 9, 2025. The focus is firmly on the RBI repo rate update, which is expected to impact not just borrowers and banks, but also the Indian stock market. After … Read more

RBI Personal Loan Rules 2025: New Draft Brings Relief from Prepayment Charges

April 4, 2025 by Rahul K

The Reserve Bank of India (RBI) has proposed new rules for personal loans that could significantly benefit borrowers. A draft circular released in February 2025 focuses on reducing or removing prepayment charges, especially for floating-rate personal loans. If finalized, these rules could offer more flexibility to those looking to close their loans early. Floating-Rate Loans … Read more