Tag: #RegulatedEnterprises

RBI

After loan repayment, deliver title documents to borrowers: RBI

September 26, 2023

NEW DELHI: All banks, non-banking financial institutions, housing financing businesses, asset reconstruction organizations, and others have been ordered by the Reserve Bank of India (RBI) to produce property documentation within 30 days after repayment. “Upon receiving full repayment and closing of the loan account, regulated enterprises (REs) are required to release all documentation pertaining to […]

After loan repayment, deliver title documents to borrowers: RBImore