Tag: loan interest rates
BANKING & FINANCE RBI Mulls Unified Interest Rate Model For Loans, Seeks Public Feedback

The Reserve Bank of India (RBI) has proposed a harmonised regulatory framework for interest rates on loans and advances across regulated entities (REs), covering both fixed-rate and floating-rate loans. The central bank has issued the draft Reserve Bank of India (Interest Rates on Loans and Advances) Directions, 2026 for public consultation, following its announcement in […]

Sajan C Kumar · Aug 12, 2026
BANKING & FINANCE RBI Fines Five-Star Business Finance ₹6.20 Lakh Over Compliance Lapses

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹6.20 lakh on Chennai-based non-banking financial company (NBFC) Five-Star Business Finance Ltd for deficiencies in regulatory compliance. The penalty relates to the company’s failure to implement a robust software system for effective identification and reporting of suspicious transactions. The central bank also flagged […]

CW Bureau · Jun 20, 2026