RBI invites comments on the draft circular on ‘Responsible Lending Conduct – Levy of Foreclosure Charges/ Pre-payment Penalties on Loans’

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..... RBI invites comments on the draft circular on ‘Responsible Lending Conduct – Levy of Foreclosure Charges/ Pre-payment Penalties on Loans’
News and Press Release
Dated:- 22-2-2025

In pursu .....

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..... ance of the announcement made in the Statement on Developmental and Regulatory Policies dated October 09, 2024 regarding the review of extant regulatory guidelines on levy of foreclosure cha .....

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..... rges/ pre-payment penalties on loans, Reserve Bank has released today the draft circular in this regard. Comments/feedback by the stakeholders and members of public on the draft circular ma .....

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..... y be submitted by March 21, 2025 through e-mail. Final circular shall be issued after considering the stakeholder/ public comments. (Puneet Pancholy)   Chief General Manager .....

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News - Press release - PIB .....

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