RBI says depositors can seek premature withdrawal of NBFC deposits. Details here

RBI says depositors can seek premature withdrawal of NBFC deposits. Details here

Have you ever wondered what you would do if you had a fixed deposit with an NBFC but wanted to prematurely withdraw it due to an emergency? Well, the latest guidelines issued by the Reserve Bank of India (RBI) make provision for this. The banking regulator released a regulatory framework via a circular dated August … Read more