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RBI extended KFS rule for bank loan takers, know what's the matter
short by Sunil / on Tuesday, 16 April, 2024
KFS Rule: The Reserve Bank of India (RBI) has increased the applicability of KFS for all retail and micro, small and medium enterprises (MSME) term loan borrowers to increase transparency in loan agreements. RBI has decided that retail and MSME loan borrowers will now get a Key Fact Statement i.e. KFS along with their loan agreement.
read more at Business League