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Srinagar: The heavy downpour at multiple places and intermittent rains as...
Pernote village declared as no-go zone, 74 families with over 500 souls homeless, leave belongings behind, move to safety
Jammu: A natural tragedy has struck Pernote village of Jammu and Kashmir’s Ramban district where 74 families were forced to leave their belongings and homes on the mercy of God without knowing what will happen to them in the near future.
Their houses have been completely damaged after a six to seven kilometer long portion of a mountain is continuously sinking leading to excessive damage to the property and ecology.
Nearly 74 families with over 500 souls have been directly affected by the sinking and most of the families have been relocated to community hall in Maitra area of...
Mumbai:Â The Reserve Bank of India (RBI) on Monday directed banks and NBFCs to immediately review their practices to ensure that they are fair and transparent in the interest they charge customers as several instances have been detected where excessive interest has been charged on loans.
The RBI has pointed out in its circular that during the course of an onsite examination of regulated entities (banks, NBFCs and housing finance companies) for the period ended March 31, 2023, it came across instances of lenders resorting to certain unfair practices in charging interest.
"Therefore, in the interest of fairness and transparency, all regulated entities are directed to review their practices regarding mode of disbursal of loans, application of...