KhbarExpress www.khabarexpress.com
Welcome Guest Sign In New user! Sign Up Now | My Favourites (new)
Search any word's definition online at pelagiandictionary.com
Search Photo  
RSS 22 November 2009
Forum | Wallpapers | Photo Gallery | Business | Entertainment | Education | Sports | Article | City | Cartoon | Video News |
Free News on your website


RBI asks people to be wary of unincorporated loan providers
11 Aug 2009, 1823 Hrs

Add comment          Mail          Print          Write to Editor



Latest Jokes, SMS, Shayari, Poems and Story Collection

New Delhi, Aug. 11 Cautioning the loan seekers to be wary of dubious entities, the Reserve Bank of India (RBI) on Tuesday asked public to verify the credentials of loan providers before dealing with them.

Several loan-related entities lure people by issuing advertisements in newspapers offering personal loans, loans against property and other loans, at a very low rate of interest, the central bank noted.

"It has also come to the notice of the Reserve Bank that some of these entities are cheating the public by charging processing fees upfront and disappearing thereafter," the RBI said in a statement.

"Some entities also falsely claim to have been registered with the Reserve Bank of India," it added.

The RBI also advised people to be careful while dealing with such entities, and to verify the credential before dealing with them. (ANI)




Discuss this story on KhabarExpress Forum  


Pelagian Dictionary

ask
people
wary
unincorporated
loan
provider


Comments to this News

Be the first to comment on this News


 
Post Your Comments to this News
 Posting Rules
 
  Name: Email:
 

Top Story of The Day
Latest Articles

Pantaloons Femina Miss India South 2010 Hyderabad Round Winners with Fashion Designer Prasad Bidappa

Katrina Kaif and Akshay Kumar in Movie De Dana Dan


Education Special

All right reserved by Khabarexpress.com
Contact Us | Archives | Sitemap | Can't see Hindi ?
Special Edition: Lakshchandi Mahayagya, Camel Festival 2007, Vartmaan Sahitya, Bikaner Udyog Craft Mela
Our Network rajb2b.com | khabarexpress.com | uniqueidea.net | PelagianDictionary.com | hindinotes.com
Developed & Designed by Pelagian Softwares