The revised format no longer includes an obligation to disclose details of the loan amount, interest rate, type of interest, details of moratorium, date of reset of interest, installment type, loan tenure, the purpose of the loan, fees and other charges, as well as the details of the ...
1. RBI has kept repo rate unchanged at 6.50% for the 9th time continuously. As a result, the standing deposit facility (SDF) rate stands unchanged at 6.25 percent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The benchmark interest rate was last chang...
Infrastructure and Project Monitoring Division (IPMD) monitors central sector infrastructure projects costing ₹150 crore and above. It comes under the Ministry of Statistics and Programme Implementation. As many as 174 projects are facing additional delays vis-à-vis their date of completion reported...
Education loan–The children of RBI employees can avail of educational loans up to Rs.20 lakhs at a very nominal interest rate. The children are also given scholarships. Work–Employees face comparatively less work pressure. This enables the employee to perform to the best of their ability witho...
Interest Payment Schedule First Payment Date/ /No.of payments per year Fixed Rate Floating Rate Base with currency Margin Cap Rate Floor Rate Drawdown Schedule If more than one equal installment# Tranche No. Date* (YYYY-MM-DD) Currency
the situation so warrants. The MPC will not hesitate to act as needed in future meetings”. While keeping the interest rate intact, the Governor stressed that core inflation remains sticky. Hence, the repo rate could reach 6.75% with a possible final 25 bps hike in the first half of FY24...
interest of depositors and stakeholders. It is, therefore, important that UCBs adopt effective Asset-Liability Management (ALM) systems to address the issues related to liquidity, interest rate and currency risks. Banks should invariably follow the ALM guidelines issued by Reserve ...
Interest @ rate Others (Specify) * In case of prepayment please provide details: Automatic Route / Approval No. Date: Amount: 7. Derivative transactions (Interest rate, Currency swap) during the month (if any) - Type of Swap Swap Dealer Counter party Name Country Name Country Implementation ...
The intent of direction given over 3 ¼ years ago, as far as a matter of senior citizen is concerned remained unfulfilled, due to RBI’s not giving proper clarification (rational or irrational) to all the banks for its uniform implementation, each bank continues...
the bank's liability shall be limited to the extent of payment of interest at the Bank rate for any period of such delay and refund of the amount together with interest at the Bank Rate upto the date of refund in the event of loss on account of error, negligence or fraud on the part...