The Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floating loans quarterly. Total charges for microfinance and small loans will be capped by the regulator. These new norms aim to harmonize interest rate determination methods. Final guidelines will take effect from April 1, 2027.

The Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across various financial entities. Benchmark-linked…

RBI introduces draft guidelines for harmonizing interest rates on loans, effective April 2027, impacting all major lenders.

The Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal benchmarks and loan pricing components…