RBI MANAGEMENT

The Reserve Bank Of India “Management” [RBI] had given a new agenda that banks used to charge a levy/penalty for pre-payment of loans under the scheme of floating rate....http://bit.ly/1qhA9TN

This agenda will be done with immediate effect and with strictness. This will be great relief to people who’ve taken personal loans, auto loans etc.
Actually Banks “Management” used to charge more than 2% of the outstanding amount of the above mentioned loans. For home loans, they stopped pre-charge as penalties....http://bit.ly/1qhA9TN

This is done to create growth which is currently shows lot of slacks.  Auto sector "MANAGEMENT" for the last two years are facing lot of issues and is expected to create more growth, employment, etc……http://bit.ly/1qhA9TN