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‘Can’t penalise borrower for lender switch’

The Free Press Journal - Mumbai

December 06, 2025

The Orissa High Court has held that banks cannot impose foreclosure charges that restrict a borrower's ability to switch lenders.

- FPJ News Service

The court declared that such practices undermine fair banking standards and violate binding directions issued by the Reserve Bank of India (RBI).

このストーリーは、The Free Press Journal - Mumbai の December 06, 2025 版からのものです。

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