Current Affairs · Banking Regulations
In July 2025, which regulatory authority barred commercial banks and certain NBFCs from imposing foreclosure and prepayment penalties on floating rate loans provided to Micro and Small Enterprises (MSEs)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Ministry of Finance
- 2Securities and Exchange Board of India
- 3Small Industries Development Bank of India
- 4Reserve Bank of India✓
Correct answer
Reserve Bank of India
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