RBI has extended the deadline for introduction of new penal charges regime by three months upto April 1, 2024. The guidelines released in Aug this year stipulated that the penalty for non-compliance will not be in the form of penal interest
Loan defaults: RBI pushes the deadline for new penal charges regime to April 1, 2024
livemint.com - 1 Jan 2024 07:56
RBI has extended the deadline for introduction of new penal charges regime by three months upto April 1, 2024. The guidelines released in Aug this year stipulated that the penalty for non-compliance will not be in the form of penal interest
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