https://www.taxtmi.com/article/detailed?id=10047 Banks levy application-related and recurring "inspection" fees on retail borrowers without reimbursement or demonstrable inspections, and routinely fail to provide signed annual certificates of principal and interest despite digital capabilities. Electronic collections for school fees also attract charges that persist despite operational savings from digitisation. These practices operate as de facto revenue streams with limited transparency and consent, prompting a call for regulatory review of fee reasonableness, mandatory verification of incurred costs, and requirements for proactive provision of accounting certificates to customers. en-us Mon, 18 Oct 2021 09:47:42 +0530 Mon, 18 Oct 2021 09:47:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10047 Banks levy application-related and recurring "inspection" fees on retail borrowers without reimbursement or demonstrable inspections, and routinely fail to provide signed annual certificates of principal and interest despite digital capabilities. Electronic collections for school fees also attract charges that persist despite operational savings from digitisation. These practices operate as de facto revenue streams with limited transparency and consent, prompting a call for regulatory review of fee reasonableness, mandatory verification of incurred costs, and requirements for proactive provision of accounting certificates to customers. Articles Other Topics Mon, 18 Oct 2021 09:47:42 +0530 https://www.taxtmi.com/article/detailed?id=10047