You Searched For "loan recovery agents" and got 20 results
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2 mins read
Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor
He also highlighted one particularly concerning practice that involves the invasion of customers' p…
ANI
1 min read
RBI restrains Mahindra Finance from using recovery agents after accident
In other words, the company was directed not to use services of any outside agency for loan reco…
2 mins read
In a bizarre incident, loan recovery agents hold 34 employees hostage in a bus in Agra
The incident took place in the Malpura police station area when the bus was en route to Panna in…
PTI
2 mins read
One in two Indians face extortion and data misuse thanks to instant loan apps
More than one in two Indian consumers who use instant loan apps are facing very high interest charg…
7 mins read
FAQs about RBI’s three-month deferment on EMIs answered by the Indian Banks Association
A statement by the Indian Banks Association, answers all the frequently asked questions that yo…
2 mins read
RBI asks banks, NBFCs to disclose digital lending agents upfront
Issuing these guidelines, the RBI said that often digital lending platforms tend to portray themsel…
PTI
2 mins read
A billionaire who vowed to pay off student loans for an entire college graduating class is said to be facing a criminal tax probe
Federal authorities have spent years determining whether Robert Smith owes taxes on $200 million in…
Shalini Nagarajan
2 mins read
RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details
The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…
2 mins read
SBI fraud case: CBI finally arrests offender who frequently changed identity, was proclaimed dead by court
A CBI press release said V Chalapathi Rao avoided arrest by frequently changing his identity and …
PTI
3 mins read
After Twitterati scream foul about pesky calls, RBI says 'will look into it'
Bajaj Finserv is planning to come up with a "right to be forgotten" feature which will enable users…
3 mins read
Customer protection 'guiding light' of revamped microfinance regulations, says RBI deputy governor
Reserve Bank of India’s (RBI) deputy governor M Rajeshwar Rao on Friday outlined several measures i…
2 mins read
Shaktikanta Das wants lending apps to 'follow the rules of the game'
Warning against mushrooming of lending apps and their usurious recovery prices, the Reserve Bank sa…
PTI
3 mins read
Weak investment-banking numbers, and gloomy mortgage outlooks weigh on banks' second-quarter earnings
Today's biggest story on Wall Street is the slew of US banks on deck to report their quarterly earn…
Aaron Weinman
3 mins read
If Musk goes to Mars, we’ll deliver diesel there too says this Ratan Tata-backed startup founder
The startup delivers diesel to MSMEs right at their doorstep for a minimum order of 100 litres – an…
8 mins read
We're entering a brutal new era for the housing market
The brutal truth about the housing market's new Ice Age: If you don't already own a home, you're go…
James Rodriguez
2 mins read
Gig workers move Supreme Court seeking social security benefits from Zomato, Swiggy, Ola and Uber
Some of India’s gig workers — associated with new age firms like Uber, Ola, Zomato and Swiggy — are…
1 min read
Coronavirus-hit tourism industry seeks relief measures from Centre
"A complete GST holiday for tourism, travel and hospitality industry for the next 12 months till t…
PTI
4 mins read
Channeling frustration toward the unvaccinated, Biden announces a slew of new rules to combat the Delta variant
"This is not about freedom or personal choice," President. Joe Biden said as he unveiled a six-poin…
Grace Panetta,Andrea Michelson
11 mins read
Generation Precarious: How young people wound up trapped in a volatile cycle of saving, spending, and debt that will haunt them for decades
The whiplash of scarcity and splurging during the pandemic is going to reshape the economy — and ou…
Juliana Kaplan
6 mins read
Current and former Oracle employees say there's a 'culture of fear' at its flagship cloud unit
Insiders say Oracle's best hope in the cloud wars with Amazon is a team led with a 'culture of fear…