RBI Orders Banks to Return Property Documents within 30 Days of Loan Repayment or Face Rs 5000 Per Day Fine

The Reserve Bank of India (RBI) has issued a directive to banks and other financial institutions, requiring them to release all movable and immovable property documents within 30 days of the complete repayment of loans. The central bank has also stated that lenders will be obligated to compensate borrowers in the event of any delay

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