Personal Loan Prepayment Charges: What RBI Rules Say in 2026

India, Aug. 18 -- Let's say a decent year-end bonus just landed in your bank account, or maybe a smart business investment finally paid off. For most folks, the very first instinct is to wipe the slate clean and pay off any existing debt. But for a long time, trying to close out a Personal Loan ahead of schedule usually came with a nasty shock-heavy foreclosure penalties. Getting punished for being financially disciplined never made much sense to everyday borrowers. Thankfully, the Reserve Bank ...


CHARITIES FACE INCREASINGLY COMPLEX ATTACKS, WARNS REGULATOR

LONDON, Aug. 18 -- The government of the United Kingdom issued the following news: Charities face attacks from bad actors using increasingly complex methods, and sometimes exploiting overlaps between different regulators, according to an official report. The Charity Commission's second annual Charity Sector Risk Assessment highlights a sustained increase in concerns raised about charitable status being abused for private benefit, with a 29% increase in 2025-26 (374 cases) following a 38% incre...


LANARKSHIRE AI GROWTH ZONE SECURES £300 MILLION INVESTMENT AS DELL ESTABLISHES SCOTTISH BASE

LONDON, Aug. 18 -- The government of the United Kingdom issued the following news: * AI Growth Zone to support more than 3,400 jobs and attract major new investment to Lanarkshire- supporting the drive for good growth in every postcode * National Wealth Fundproviding financial backing forDataVita'slandmark £300 millionplanto expand Lanarkshire AI Growth Zone * Dell Technologiestoalsobase their Scottish team atLanarkshire AI InnovationPark, creating high-skilled jobs More jobs, investment ...


MHRA ADVISES AGAINST THE USE OF RECTAL CATHETERS IN INFANTS

LONDON, Aug. 18 -- The government of the United Kingdom issued the following news: The Medicines and Healthcare products Regulatory Agencyhas today issued a Device Safety Information (DSI) noticewarninghealthcare professionals,parentsand carersnot to userectal catheters(gasand colic relievers)on their babies. These products aresometimes used by parents and caregivers to help with colic, constipation or trapped wind. They are available to buy online and in shops without a prescription. Followi...


MHRA SETS OUT POSITION ON REGULATION OF MICROBIOME-BASED MEDICINAL PRODUCTS

LONDON, Aug. 18 -- The government of the United Kingdom issued the following news: The Medicines and Healthcare products Regulatory Agency (MHRA) has today,18August 2026, publishedapositionpaperclarifying how microbiome-basedmedicinescan bemade available forpatientsin the UK, encouraging developers to pursue UKlicencing pathways for this emerging class of therapies. Microbiome-based medicinal productsaremedicinesthatwork through modulating, restoring or replacing the human microbiome. Theyrepr...


PRIME MINISTER SUPPORTS WEST MIDLANDS TO TAKE PUBLIC CONTROL OF LOCAL BUS NETWORK

LONDON, Aug. 18 -- The government of the United Kingdom issued the following news: * Government and local leaders join forces to keep vital bus services running for millions of people across the West Midlands * Partnership between No10 North and the West Midlands will save bus services at risk by bringing them under local control * Marks first major milestone in drive towards regionalisation and localisation of essential public services under this government, empowering local leaders to deliver...


RSH ADDS RENTPLUS HOMES LIMITED TO GRADINGS UNDER REVIEW LIST

LONDON, Aug. 18 -- The government of the United Kingdom issued the following news: The Regulator of Social Housing has placed Rentplus Homes Limited on its gradings under review (GUR) list today (Tuesday 18 August 2026). RSH is currently investigating matters which may indicate serious failings in the landlord delivering the outcomes of the Governance and Financial Viability Standard. The Milton Keynes-based landlord has fewer than 1,000 social housing units and does not therefore have grades...


FOUNDER OF LIVERPOOL'S SIGNATURE EMPIRE BANNED AS DIRECTOR AFTER INVESTORS LOST £4.8 MILLION THROUGH CONNECTED COMPANY

LONDON, Aug. 18 -- The government of the United Kingdom issued the following news: * Lawrence Kenwright allowed Signature Works Gold Limited, of which he was the sole registered director, to distribute marketing material containing false and misleading information * Investors lost more than £4.8 million * Kenwright has been banned from acting as a company director for five years The founder of Liverpool-based Signature Group has been banned as a company director after investors lost more ...


CMA PUBLISHES LATEST MONITORING UPDATE ON ROAD FUEL MARKET

LONDON, Aug. 18 -- The government of the United Kingdom issued the following news: * No evidence retailers actively changed their pricing strategies to take advantage of the crisis * Lack of effective competition remains a concern and further analysis will follow in the autumn * Analysis shows 99% of all UK road fuel is sold by retailers registered with Fuel Finder and vast majority of sites are updating price information The Competition and Markets Authority (CMA) has published its la...


APPOINTMENT TO THE AGRICULTURE AND HORTICULTURE DEVELOPMENT BOARD

LONDON, Aug. 18 -- The government of the United Kingdom issued the following news: Enrique Fernandez-Pino has been appointed to the Agriculture and Horticulture Development Board (AHDB). His three-year term will commence on 1 September 2026. This appointment has been made in accordance with the Governance Code on Public Appointments published by the Cabinet Office. All appointments are made on merit and political activity plays no part in the selection process. The AHDB is a statutory levy bo...