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LOAN RECOVERY AGENT
Loan recovery agent harassing you? Know these 6 borrower rights that can protect you- 24-year-old earns Rs 30,000 and has Rs 26,500 EMI. Bengaluru CA highlights a detail in the story that's heartbreakingA young man's financial reality reveals a heavy burden. Earning Rs 30,000 monthly, he faces Rs 6.5 lakh in loans with EMIs of Rs 26,500. Th...
- Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
- Fuelled by lending boom, DPDzero bets big on AI-led debt recoveryAs India’s unsecured lending boom accelerates, collections are emerging as the next major battleground for fintechs and lenders.
- Can banks block your mobile in case of loan default? RBI lays down rules for restricting services; Rs 250/hour compensation in this caseIf the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of ...
- RBI proposes rules to let lenders disable phones for loan defaultsThe Reserve Bank of India is proposing to allow lenders to disable certain mobile phone functions for loan defaulters, specifically for dev...
- Is a US stock market crash beginning? Nasdaq 100 drops over 2% as Dow Jones and S&P 500 struggle after inflation shock hits investorsIs a US stock market crash beginning as Nasdaq sinks 2% after shocking CPI inflation rattles Dow and S&P 500? The Nasdaq 100 plunged more t...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsAs the stock market witnesses a recovery, what one should watch for is market breadth. Also, check which sectors are leading the rally. Why...
- Off the tough route to loan recoveryA recent video from Pune shows loan recovery agents using force against a borrower. This incident reveals problems within Indian banks. Ban...
- 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...
- Teenager consumes poison after loan collection officer humiliates girl over late payment of Rs 585A 17-year-old girl in Jharkhand, India, allegedly consumed poison and died after being humiliated over the late payment of her brother's lo...
- RBI fines RBL Bank for non-compliance with rules on loan recovery agentsThe RBI noticed "deficiencies in regulatory compliance" after it examined complaints received against the Mumbai-based lender's recovery ag...
- RBI lifts restrictions imposed on Mahindra FinanceBased on the submissions made by the company and its commitment to strengthen its recovery practices and outsourcing arrangements, tighten ...
- Loan recovery agents face RBI heat for unfair practicesEven as financial institutions are in the thick of action with regulations, the role of loan recovery agents is coming to light once again....
- What to do if loan recovery agent bothers you?Agents bothering for loan recovery might seem to be a small issue but there are cases where people have committed suicide or suffered menta...
- India’s digital loan sharks face crackdown as complaints mountBanned apps simply move to third-party platforms such as Aptoide, he said, or advertise through text messages. Consumers sometimes take out...
- Finmin asks banks to send recovery agents after issuing warning to loan defaultersThree SMS and a phone call is all a loan defaulter would get by way of a warning before a bank sends recovery agents to his house.
- SBI flexes its muscle, to hire 3000 recovery agents in a yearAmid the displeasure expressed by the regulators and judiciary on high-handedness of loan recovery agents hired by banks, the country’s big...
- SBI to hire 3,000 recovery officersPlagued by complaints against the high-handedness of private loan recovery agents, State Bank of India is looking to directly hire 3,000 ma...
- ICICI Bank may exit subprime businessThe decision comes in the wake of recent events which has led to a backlash against ‘harassment’ by loan recovery agents. How to freeze on ...
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