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Thursday, 7 May 2026
Mukhyamantri
Business

Loan waiver offer? RBI says it could be a scam; 5 ways borrowers can protect themselves

RBI warns borrowers about rising fake loan waiver scams nationwide, urging verification with banks, avoiding upfront fees, and relying on official sources to prevent financial losses and credit damage.

By Shivam Shukla· Livemint· 2 days ago· 2 min read
Loan waiver offer? RBI says it could be a scam; 5 ways borrowers can protect themselves