(b) a company which from the ordinary class of its business presents loans or provides ensures or securities for the owing repayment of any loan As well as in respect of these loans an interest is charged at a amount not below the bank level declared via the Reserve Lender of India.Following the proposal was issued, the Bureau held roundtable meeti
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47 money encourages lenders in its network to observe federal and point out restrictions. These typically include the strict conformity with neighborhood legislation with reference to their interest rates, utmost bank loan conditions, rollover restrictions, costs, neat off durations between financial loans, and even more.” It’s not very clear h
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