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PRE PAYMENT PENALTIES
NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...- ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
- Tourists in Tokyo could now be fined for throwing trash on streetsTokyo's Shibuya Ward is now fining litterbugs ¥2,000 on the spot. Businesses must provide trash bins or face penalties. These measures aim ...
- Adani Group will start business in big way in US because allegations have been withdrawn: Senior Advocate HP RaninaThe US Department of Justice has permanently dismissed criminal fraud charges against Gautam and Sagar Adani. This decision, following a pa...
- RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
- Planning to take home loan? 5 smart ways to maximise your benefitsThe amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...
- RBI proposes to do away with pre-payment levy on business loans taken by individuals/MSEsThe RBI has proposed eliminating foreclosure charges or pre-payment penalties on all floating rate loans for individuals and MSEs, includin...
- Reserve Bank of India firm on scrapping pre-payment penaltyBanks are seen to be discriminatory between retail and big corporate clients who often armtwist lenders to charge them lower because of the...
- 'Banks need to do away with pre-payment penalty on loans'Banks should discontinue pre-payment penalty on home and auto loans and do away with the practice of imposing charges on customers for fail...
- Stop charging pre-payment penalty on home loans: RBI to RRBsThe Reserve Bank today asked Regional Rural Banks (RRBs) to stop charging penalty on pre-payment of home loans taken on floating interest r...
- Stop charging prepayment penalty on home loans: RBI to banksIn a relief to borrowers, the RBI today asked banks to immediately stop charging penalty on pre-payment of home loans taken on floating int...
- RBI asks banks not to levy pre-payment charges on home loansRemoval of prepayment penalty on home loans will lead to reduction in the discrimination between existing and new borrowers.
- Punjab & Sind Bank abolishes prepayment fines on housing loansPunjab & Sind Bank on Wednesday said it has abolished pre-payment penalties on housing loans for all types of borrowers with immediate effe...
- Punjab & Sind Bank abolishes prepayment fines on housing loansPunjab & Sind Bank today said it has abolished pre-payment penalties on housing loans for all types of borrowers with immediate effect.
- Floating rate customers to benefit from dip in ratesFloating rate home loans, which did not reflect market rates when they fell, would now become more faithful to their name.
- SBI abolishes penalty on pre-payment of housing loansState Bank of India has decided to abolish pre-payment charges on home loans, giving some succour to borrowers who want to foreclose their ...
- NHB to soon abolish pre-payment penalty on home loansIn a big relief to home loan borrowers from housing finance companies, regulator NHB today said it will soon come out with a directive to a...
- RBI sets its face against pre-payment penaltyIf implemented, this would erode one of the key elements of easy profits for banks which charge as much as 2% of the loan amount in some ca...
- PSBs may waive pre-payment penalty on home loansPublic sector banks (PSB) are considering a suggestion to waive pre-payment penalty for home loans up to Rs 20 lakh. Realty: Good news on i...
- Pre-payment penalty on home loans may goCash-rich borrowers of state-run banks could soon be able to repay their home loans either in part or full without facing any penalty.
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