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HARASSMENT FREE LOAN RECOVERY
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...- RBI allows gradual device restrictions for EMI defaults, eases recovery agent disclosure normsThe Reserve Bank of India will permit lenders to restrict devices bought on EMI financing. These restrictions will be gradual and only afte...
- AIMIM corporator held for sheltering TCS 'sexual harassment' case accusedAn AIMIM corporator was arrested for allegedly aiding an accused in a TCS sexual harassment case. Mateen Patel provided shelter to Nida Kha...
- Same salary, different story: Why your colleague got a bigger loan than you
- SBI Q1 results preview: Will India's largest public bank report a decline in profit?In the upcoming June quarter, State Bank of India's profits are projected to dip, influenced by margin constraints and a slowdown in income...
- RBI relaxes device-loan recovery normsThe Reserve Bank of India has updated its regulations on mobile loan financing. Lenders are now required to reinstate device functionality ...
- RBI bars banks from disabling mobile devices of defaulting borrowersBanks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were finance...
- Rajpal Yadav faces another blow as bank moves to auction two properties in Rs 16.61 crore loan recovery case; online bidding on September 9: ReportActor Rajpal Yadav's financial troubles escalate as two of his properties are set to be auctioned off to recover a staggering outstanding l...
- Novelis targets debt reduction as it aims to bring leverage below 4xBy fiscal year-end, Novelis expects its net leverage ratio to fall beneath four times, as they wind down their peak capital expenditure eff...
- PNB Housing Finance shares rally 5% after Q1 profit rises 4% YoY, loan assets jump 15%PNB Housing Finance shares gained after the lender reported steady Q1 earnings, supported by loan book expansion, stable asset quality and ...
- Higher funding costs, rising competition may weigh on Muthoot FinanceMuthoot Finance shares dropped nearly eight percent after reporting lower net interest margins. Loan yields are expected to remain under pr...
- ICICI Securities initiates coverage on 7 PSU banks with positive valuationsICICI Securities commenced its analysis on seven public sector banks, giving most a Buy rating. They predict a strong return on equity for ...
- 'Ready to show my documents, will PM Modi show his degree?': CJP founder Dipke on foreign funding rowAbhijeet Dipke stated his US education was funded by a scholarship and loan. He commented on Taslima Nasreen's remarks regarding protests i...
- Retiring with an EMI? Here's when it can make sense and when it could derail your retirementRetiring debt-free is an ideal goal, but not always achievable or necessary. Experts suggest focusing on EMI affordability rather than comp...
- RBI sells USD 14.9 bn during Jan-May to check excess volatility in rupeeIn an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...
- CJP urges Centre, BJP states to withdraw FIRs after SC clarifies order on student protestersThe Supreme Court clarified its order on withdrawing FIRs against student protesters. The Cockroach Janta Party expects the government to i...
- Brij Bhushan Sharan Singh acquitted in sexual harassment case filed by women wrestlersA Delhi court acquitted Brij Bhushan Sharan Singh and Vinod Tomar in a sexual harassment case. Six women wrestlers had filed allegations ag...
- Orunodoi 3.0: Assam to give Rs 1,250 monthly aid to womenAssam's Orunodoi welfare scheme has been relaunched with upgraded features for women beneficiaries. The enhanced scheme will now provide a ...
- Canara Bank recovers loan on a Sunday: Woman says account was emptied without her consent; court orders Rs 45,000 payoutA Kerala consumer commission has ordered Canara Bank to pay Rs 45,000 in compensation and costs after it automatically debited Rs 53,463 fr...
- Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growthGold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent...
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