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The RBI said that an RE will not levy any charges where pre-payment is effected at the instance of the RE.

RBI bans foreclosure charges on floating rate loans to MSEs: How will it benefit small businesses?

July 03, 2025 4:47 pm

The RBI said its supervisory reviews have indicated divergent practices amongst regulated entities with regard to levy of pre-payment charges in case of loans sanctioned to MSEs which lead to customer grievances and disputes.

Arrests of bank officers over bad loans surge: 10 to 50 in four months

July 17, 2018 6:58 am

A majority of these cases is being probed by the CBI and over half the officers facing action are of the rank of general manager and above. Until the end of March, just 10 officers were officially recorded as being under CBI investigation in five cases of bank fraud.

Government banks to get tighter rules, new tech for approval of loans

May 17, 2018 12:13 am

Currently, state-owned banks have internal thresholds that empower a general manager to advance loans up to a certain level.

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Figures don’t match: RBI says PNB wrote off Rs 8,500 cr but bank says zero

April 26, 2016 7:26 am

RTI replies to queries from The Indian Express show discrepancies between statistics maintained by the RBI and data supplied by individual banks.

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Who waived loans of defaulters? Some Govt banks say it’s secret, others point to panels

April 12, 2016 2:05 pm

The Indian Express filed Right to Information (RTI) applications with 28 public sector banks (PSBs) and one of the questions it asked was who had the final say in writing off loans to the tune of Rs 100 crore or more as non-performing assets (NPAs).