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The Reserve Bank of India (RBI) has directed large non-banking finance companies (NBFCs) to disclose the maximum rates charged on each loan product, including interest and other fees. This measure aims to ensure transparency and curtail any potential usurious practices amid growing household indebtedness.
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News and Media
Reliance Industries (RIL) is broadening the syndication of its $3-billion dual currency loan, adding around 10 global banks, including ANZ, Barclays, and JP Morgan, to the original eleven lenders. The funds, partially denominated in yen, will be used for upcoming repayments.
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City and state officials hammered out a plan for Mercy Housing, an affordable housing nonprofit that owns and operates dozens of Chicagoland properties, to take over the 1920s-era Leland.
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News and Media
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