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Searched Tag: key fact statement
Govt clarifies it is not pursuing deep sea gas pipeline project

Govt clarifies it is not pursuing deep sea gas pipeline project

June 16, 2026, 04:57 PM - 3 min read

Rejecting the reports, the Ministry categorically clarified “that no such proposal is currently under consideration by this Ministry. There are no active discussions or negotiations with Oman or any other Gulf countries on this project at any level in this Ministry.”“This clarification is issued to put all speculation in this regard to rest,” the Ministry concluded.

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The Reserve Bank of India (RBI) has announced significant changes regarding loan terms, emphasizing transparency and borrower empowerment.

RBI's new directive: Lenders must offer 'Key Fact Statement' to borrowers

April 16, 2024, 04:52 PM - 2 min read

Any fees, charges etc. which are not mentioned in the KFS, cannot be charged by the Regulated Entities (REs) to the borrower at any stage during the term of the loan without explicit consent of the borrower.

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