Interest rate: Borrowers don’t have to be told individually about change in rates: Consumer court

[ad_1] The national consumer court has ruled that banks are not required to inform each borrower individually about any automatic change in interest rates under the floating rate plan, as borrowers have already agreed to any such increase or decrease while executing loan agreements with lenders. Such intimation on a bank‘s website will be considered … Read more

Beijing’s Covid gloom deepens as China relaxes curbs after protests

[ad_1] Beijing’s Covid-19 gloom deepened on Sunday with many shops and other businesses closed, and an expert warned of many thousands of new coronavirus cases as anger over China’s previous Covid policies gave way to worry about coping with infection.   China dropped most of its strict Covid curbs after unprecedented protests against them, but … Read more