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Enquiry by the Competition Commission of India against some Banks/ Housing Finance Institutions

The Government has informed Lok Sabha that the Competition Commission of India (CCI) has received information under section 19 of the Competition Act, 2002 against some Banks/Housing Finance Institutions with regard to anti-competitive agreements on imposing penalty for pre-payment of home loans. In reply to a question Shri Salman Khirshid, Minister for Corporate Affairs, informed the House that The matter is being enquired into by the Commission for appropriate necessary action.


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