Mandate on Key Fact Statement What is Key Fact Statement? A Key Fact Statement is a document that clearly explains lending terms. It has key information regarding a loan agreement, including the all-in-cost of the loan, in a simple and easy-to-understand format. Key Fact Statement will benefit MSME borrowers Read more at:https://bfsi.economictimes.indiatimes.com/news/policy/how-rbi-mandate-on-key-fact-statement-will-benefit-msme-borrowers/107519578?utm_source=top_story&utm_medium=latestNews https://www.livemint.com/economy/key-fact-statement-kfs-now-mandatory-new-rbi-measure-enhances-transparency-in-lending-for-retail-and-msme-borrowers-11707379936296.html
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Mandate on Key Fact Statement
What is Key Fact Statement?
A Key Fact Statement is a document that clearly explains lending terms. It has key information regarding a loan agreement, including the all-in-cost of the loan, in a simple and easy-to-understand format.
Key Fact Statement will benefit MSME borrowers
Share
