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The Reserve Bank of India (RBI) has imposed a ₹33.10 lakh monetary penalty on IIFL Samasta Finance Limited for failing to adhere to regulatory norms.
🔍 Key Violations Identified:
❌ Charging interest before loan disbursement
❌ Misclassifying NPA...
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In today's rapidly evolving technological landscape, the financial industry has witnessed a significant transformation, with digital lending emerging as a promising avenue for entrepreneurs. This article serves as a comprehensive guide for aspiri...