Which of the following statements is/are correct?
A. Banks and NBFCs have been directed by RBI to release property documents within 30 days of settlement of loan accounts.
B. They have also been asked to remove charges registered with any registry within a period of 30 days after full repayment/settlement of the loan account.
C. If the Regulated Entity is to blame for the delay, it must pay the borrower compensation of 2,000 for each day of the delay.
1
Only A
2
Only C
3
Both A & B
4
Both B & C
5
All A, B & C