Monday, April 22, 2024

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24,000 candidates lose jobs as West Bengal HC cancels all appointments: WB teacher recruitment scam explained

NEW DELHI: The Calcutta High Court issued a decision on Monday in the West Bengal School Service Commission (SSC) recruitment scam case. In its...
HomeBusinessPenal charge, interest on your loan? New RBI rules from April 1...

Penal charge, interest on your loan? New RBI rules from April 1 – what borrowers should know

RBI introduces new rules on penal charges and interest, effective April 1, to prevent extra charges on loan accounts. The guidelines aim to promote responsible credit behavior, distinguish between fixed charges and additional interest, and ensure uniform penalties for borrowers.