RBI’s New Personal Loan EMI Rules to Benefit Borrowers from April 2025
The Reserve Bank of India (RBI) has introduced new rules to make personal loans more transparent and borrower-friendly. The changes, effective from April 2025, focus on how lenders manage Personal Loan EMI payments, prepayment charges, and loan disclosures. These updates aim to protect borrowers from hidden fees and ensure fair lending practices. EMI Changes Now … Read more