Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 2 terms
A window after taking a digital loan in which you can exit by repaying the principal and proportionate cost, without penalty.
Required by the RBI’s digital lending rules; the lender states its length in the key fact statement.
A flexible range around a reference price, outside which orders are rejected, widened by the exchange in steps after a cooling-off period.
Applied where no fixed daily band exists. A fast move can pause at the edge — the market did not run out of buyers, it ran out of permission.