NEWS & ADVICE : CREDIT CARDS
RBI demanded the feedback record from lenders
By Ankit Sharma
Nov 21, 2013
Print    Email    RSS   

RBI has placed its demand for the feedback of micro to macro lenders of different banks, that have applied for license. A source said that RBI would now take care of the feedback on the performance record of these applicant banks on loans and other financial background. As a recommendation of license take a time of a decade, so RBI has planned to clear up their doubts on the performance records of the applicant banks.

The way of dealing with the lenders, loan payment period, balance sheets as well as the daily interaction with the customers and lenders will be monitored under the license registration. Finance Minister also revealed, that the license will be provided to those banks, who have showcased their unique idea of work in their new branch.

Hereby the account records and good performance will give a direct eye from the part of the Ministry of Finance.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Is the economy facing a debt trap?
Credit Report: A Key Financial Indicator
Credit profile and its effect on loan...
Carnival of Indian Personal Finance Blogs #1
Importance of reviewing your credit report


Africa Psychic And Tarot Card Reading & herbalist...
Pretoria New York $$Lottery Winning Spells Caster $$...
How can I clear my CIBIL PROBLEM?
what is my credit card statement
i forgot my ATM pin number i could i get it again

NEWS THIS WEEK
91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive