SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 13-JUL-2024

NBFC: EARNED FIXED FEE FROM ITS SERVICE PROVIDER, WHEREAS SERVICE PROVIDER EARNED INTEREST CHARGED ON THE BORROWER ON THESE LOANS AND IN SOME CASES AT EXORBITANT RATES IN VIOLATION OF FAIR PRACTICES CODE (CODE) GUIDELINES ISSUED BY RBI

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