no pre-payment penalties on floating rate term loans

[dinesh19]

yesterday RBI mentioned that banks would not be permitted to charge pre-payment penalties on floating rate term loans.generally banks give loans in floating interest rate for home lones.
This decision will benefit home loan users..

 

[me_saket]

Plz post link for full news article

 

[dinesh19]

i have seen this news in the hindu business page.they wrote this much only.