Thursday, August 30, 2012

Seek more time to repay corporate loans: SBI

......“In the current scenario, with the rules RBI has proposed, it is difficult to increase the tenure after the loan is sanctioned. It would increase the burden on the bank. So, we are telling our customers to negotiate for more time. If one is able to repay ahead of the schedule, it is fine — there would be no penalty for pre-payment,”.............

Read - BS

No comments: