https://www.taxtmi.com/news?id=17827 NBFC interest rates are generally deregulated, with a cap only for NBFC MFIs; the RBI's Fair Practices Code requires NBFC Boards to adopt an interest rate model based on cost of funds, margin and risk premium, determine borrower category rates, and disclose the rationale and gradations of risk to borrowers in the application form and sanction letter to ensure transparency. en-us Sat, 08 Apr 2017 10:15:03 +0530 Sat, 08 Apr 2017 10:15:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17827 NBFC interest rates are generally deregulated, with a cap only for NBFC MFIs; the RBI's Fair Practices Code requires NBFC Boards to adopt an interest rate model based on cost of funds, margin and risk premium, determine borrower category rates, and disclose the rationale and gradations of risk to borrowers in the application form and sanction letter to ensure transparency. News - Sat, 08 Apr 2017 10:15:03 +0530 https://www.taxtmi.com/news?id=17827