RBI asks lenders to supply ‘key reality assertion’ to debtors
The Reserve Financial institution of India has requested lenders to supply ‘key reality assertion’ (KFS) to the debtors of all new retail and MSME time period loans sanctioned on or after October 1, 2024, together with contemporary loans to current prospects. KFS accommodates key info concerning a mortgage settlement, includingan all-in price of the mortgage, … Read more