RBI Guidlines Archives - Lawyer Panel

How RBI’s Settlement Policies Boost Consumer Trust in Banks

The Reserve Bank of India (RBI) has implemented a series of settlement policies aimed at fostering trust and confidence among consumers in the Indian banking sector. These policies have played…

Defying Deception: Overcoming Agent Harassment Challenges

Harassment

In a world where debt traps can be real and finding a way out can be extremely difficult, it often feels like an uphill battle. However, some people manage to…

Safe Home Visits: Prevent Harassment with RBI Rules

Harassment

When banks or financial companies visit your home, it’s usually to talk about money matters. But sometimes, these visits can become uncomfortable or even scary if the people visiting don’t…

Fair Lending Standards: Latest Updates in Loan Policy

Loan Default

Did you know there have been some recent changes in loan policies by the Reserve Bank of India (RBI)? If not, you're in for some enlightening news! Fresh guidelines have…

Putting an End to Harassing Collection Calls: A Success Story

Harassment

Are you or someone you know swamped with relentless collection calls? Imagine receiving over 50 calls a day, exacerbating an already distressing financial situation. This was the reality for one…

Non-Performing Assets: RBI Guidelines and Resolutions for Banks

Debt resolution, Debt Settlement, Harassment

Non-Performing Assets or NPAs in simple terms are those assets that are not bringing any profit to the Banks/ NBFCs. In banking terminology, it is a loan advance for which…

The Rising Threat of India’s Virtual Moneylenders

Personal Loan

In the ever-evolving landscape of digital finance, the proliferation of illegal lending apps in India has become a pressing concern. These apps lure borrowers with promises of instant funds but…

A Tale of a Successful Loan Resolution

Debt resolution

In the midst of financial instability, being caught in the storm of remaining indebted and unable to pay loans can be one of life's most challenging ordeals. The waves of…

Unlocking Fair Debt Practices: What RBI Says About Recovery Agents and Borrowers’ Rights

Harassment

The journey of borrowing and repaying loans can sometimes take unexpected turns, especially when financial challenges arise. To protect borrowers from unfair treatment, the Reserve Bank of India (RBI) has…

Consequences and Alternatives for Unpaid Personal Loans in India

Personal Loan

If you've taken out a personal loan in India, understanding the potential fallout for not repaying is crucial. Non-repayment can lead to serious financial challenges, prompting legal action from lenders.…