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Wednesday, 6 May 2026
Mukhyamantri
BusinessMaharashtra

RBI cautions against misleading campaigns promising loan waivers

Attention all borrowers! The Reserve Bank of India has flagged a concerning trend involving fraudulent loan waiver initiatives. These duplicitous campaigns claim to erase debts owed to banks and non-banking financial companies (NBFCs) but are merely traps set…

By PTI· The Times of India· 2 days ago· 2 min read
RBI cautions against misleading campaigns promising loan waivers