If the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of ...

The 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 as Nasdaq sinks 2% after shocking CPI inflation rattles Dow and S&P 500? The Nasdaq 100 plunged more t...

As the stock market witnesses a recovery, what one should watch for is market breadth. Also, check which sectors are leading the rally. Why...

A recent video from Pune shows loan recovery agents using force against a borrower. This incident reveals problems within Indian banks. Ban...

The Reserve Bank of India is introducing stricter loan recovery rules for banks, focusing on borrower protection and transparency. These ne...

AI and digital technologies are revolutionizing debt collection, offering cost-effective and ethical solutions. The market is projected to ...

A 17-year-old girl in Jharkhand, India, allegedly consumed poison and died after being humiliated over the late payment of her brother's lo...

The RBI noticed "deficiencies in regulatory compliance" after it examined complaints received against the Mumbai-based lender's recovery ag...

Based on the submissions made by the company and its commitment to strengthen its recovery practices and outsourcing arrangements, tighten ...

Even as financial institutions are in the thick of action with regulations, the role of loan recovery agents is coming to light once again....

Agents bothering for loan recovery might seem to be a small issue but there are cases where people have committed suicide or suffered menta...

Banned apps simply move to third-party platforms such as Aptoide, he said, or advertise through text messages. Consumers sometimes take out...

Three 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.

Amid the displeasure expressed by the regulators and judiciary on high-handedness of loan recovery agents hired by banks, the country’s big...

Plagued by complaints against the high-handedness of private loan recovery agents, State Bank of India is looking to directly hire 3,000 ma...

The decision comes in the wake of recent events which has led to a backlash against ‘harassment’ by loan recovery agents. How to freeze on ...