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RBI Slaps Penalty On Hero Fincorp For Excess Interest, Fines Ola Arm For KYC Breaches

Hero Fincorp Ltd.collected excess interest from certain loan accounts while Ola Financial Services failed to carry out risk categorisation of certain customers, as per RBI.

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NDTVCenter·3h ago
RBI Slaps Penalty On Hero Fincorp For Excess Interest, Fines Ola Arm For KYC Breaches
Hero Fincorp Ltd.collected excess interest from certain loan accounts while Ola Financial Services failed to carry out risk categorisation of certain customers, as per RBI.
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RBI Slaps Penalty On Hero Fincorp For Excess Interest, Fines Ola Arm For KYC Breaches

How 1 sources are covering this

RBI Slaps Penalty On Hero Fincorp For Excess Interest, Fines Ola Arm For KYC Breaches

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