Sunday , November 24 2024

Business

RBI rules: Now cash loan of more than Rs 20,000 will not be available from these banks, RBI has given strict instructions!

RBI Rules: The Reserve Bank of India (RBI) has issued strict instructions for non-banking financial companies (NBFCs), according to which no NBFC can give cash loans of more than Rs 20,000 to customers. Under Section 269SS of the Income Tax Act, 1961, no person is allowed to take a cash …

Read More »