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FAIR TREATMENT OF BORROWERS
RBI changes loan recovery rules:: No harassment, recorded calls, strict recovery agent code & moreThe Reserve Bank of India has announced new guidelines for loan recovery starting in January 2027. These regulations require that banks pro...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsA word of caution for all those who have exposure to mid cap stocks or are planning to increase it. Just keep one thing in mind: If there i...
- You don't need to be an accountant. You just need to ask three questionsA loss can exist long before the accounts admit it, because management decides when to admit it. This story shows how that delay works, the...
- Too much riding on one AI stock? Why techies should diversify their RSUs before it's too lateWith tech employees holding up to 80% of their net worth in a single stock, advisers say not selling is a real danger.
- Sanchita Ugale's father alleges she was being 'harassed'. Close friend makes shocking claims against Kumkum Bhagya actress' co-star Ujjwal SharmaActress Sanchita Ugale, known for Kumkum Bhagya, was found dead at her residence. Her father alleges she faced emotional distress and haras...
- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- Insurer denies Rs 20 lakh life insurance claim over diabetes non-disclosure; woman fights back and wins; here’s whyA Delhi woman's Rs 20 lakh life insurance claim, denied due to alleged non-disclosure of diabetes and kidney diseases, was upheld by the St...
- No more harassment calls for loan recovery? RBI to bring tough framework from July 1, 2026The Reserve Bank of India is introducing stricter loan recovery rules for banks, focusing on borrower protection and transparency. These ne...
- When easy EMIs become a trap: 85% of struggling borrowers spend over 40% of their income often to predatory lendersA nationwide survey reveals thousands of Indian borrowers are trapped in debt due to easy credit, with 85% dedicating over 40% of their inc...
- RBI stops banks, NBFCs from compounding penal interest on loansThe Reserve Bank of India (RBI) has issued a circular on August 18, 2023 on penal charges that banks and other lending institutions can cha...
- Defaulted on a home or car loan repayment? Here are 4 loan defaulter rights you should knowTo safeguard the interest of the borrowers RBI has introduced a Fair Practices Code. The right to humane treatment requires that borrowers ...
- Unable to repay loan? Here are rights you have as a defaulterEven if unable to repay a loan, one still retains the right to civil behaviour and fair treatment.
- After RBI rap, fintech grouping comes out with code of conduct for industryRBI has cautioned public against dealing with unauthorised mobile apps and financial technology firms (fintechs) and not to fall prey to th...
- What are your rights if you can’t repay a loan?The borrower’s account is classified as a NPA if the repayment is overdue by 90 days. In such cases, the lender has to first issue a 60-day...
- Five rights of loan defaultersIf you have defaulted on a loan, the rules don't give lenders a complete walkover. Here's what to bear in mind if you find yourself in such...
- RBI makes future loans more expensive for defaulters; lenders to revive bad loansThe RBI today made future loans more expensive for borrowers who don't cooperate in resolving existing bad loans.
- Borrowing to become costlier for uncooperative and wilful defaulters: RBI paperDevelopment comes amidst fear of bad loans hitting a record high of Rs 2.9 trillion by the end of fiscal or 4.5% of the total banking asset...
- RBI committee suggests changes in accounting of central bank balance sheetAn RBI appointed technical committee has recommended that the central bank's repo transactions be treated as lendings and borrowings and no...
- Ramky boasts internal accruals to fund key projects: M Goutham Reddy, Executive Director, RamkyM Goutham Reddy, Executive Director, Ramky Infrastructure Ltd in an interview with ET Now talks about the expected growth potential and fut...
- PF primer: What is a base rate?If you are one of those whose home loan continues to be linked to PLR, you would do well to analyse your current situation before switching...
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