Petition filed in SC against RBI 3 Month Moratorium - Demanding Interest Free Loan Moratorium

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Deal Subedar
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Petition filed in SC against RBI 3 Month Moratorium - Demanding Interest Free Loan Moratorium

RBI circular on loan moratorium challenged in Supreme Court…

https://www.cnbctv18.com/legal/rbi-circular-on-...

Yeh toh hona hi tha…Iss critical situation mein bhi customers ko cheat karne ki koushish kiya tha RBI ne… rage I’m happy that someone challenged it finally in SC…

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Good work rbi cheater

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Nice.

If interest was charged at 3.49 per month, rbi could hv directly said if you pay late payment fee won’t be charged + Cibil won’t be affected.
Their loot continues if interest is not foregone.

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govt to judge

https://cdn0.desidime.com/attachments/photos/612620/medium/6604536cf5a32cc1f8f08ac3973247531dc7a73.jpg?1586723405

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Some of them are continuously charging for ECS failure.. Bajaj finance is one of them

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jitz wrote:

Nice.

If interest was charged at 3.49 per month, rbi could hv directly said if you pay late payment fee won’t be charged + Cibil won’t be affected.
Their loot continues if interest is not foregone.

Interest is charged at whatever rate you took the loan at, not 3.49 per month.

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igen wrote:

Interest is charged at whatever rate you took the loan at, not 3.49 per month.

Was talking about cc, but yes, it differs for cc too. 3.49 was an example.

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There are people keeping money in banks and they want interest on their hard earned deposits.

If mobile companies can’t reduce their revenue, they have their cost to run, same thing applies to other sectors, they have their own cost.

RBI is just regulator for Cash as RTO is for vehicle. They are just Governments extented arms. They don’t manufacturer or value add anything, so they can’t contribute anything on their own.

The one who can contribute dont hold any open for all press conference

If you buy something someone has to pay. This is materialistic society.

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