When Borrowers Reach a Breaking Point: Banks and NBFCs Under the Lens
India is a land of vibrant colors, where dreams are as big as the hearts that carry them. However, a growing menace is spreading across the country like a plague.…
Horrors of Recovery Practices in India – Case Study
India's legal landscape has witnessed pivotal cases that challenge unethical loan recovery practices, highlighting the imbalance between lenders' rights and borrowers' dignity. Loan recovery agents, often acting on behalf of…
Understanding the Role of Technology in Promoting Illegal and Unethical Recovery Practices
The arrival of technological advancements in the Indian economy has opened doors to many opportunities across various sectors, but it has also presented numerous challenges. Like two sides of the…
Defying Deception: Overcoming Agent Harassment Challenges
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…
Ending Financial Harassment: A Social Media Success Story
In today's fast-paced world, access to financial services like loans and managing finances has become increasingly convenient. With just a few clicks or taps, individuals can secure loans, manage their…
Safe Home Visits: Prevent Harassment with RBI Rules
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…
Putting an End to Harassing Collection Calls: A Success Story
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…
Unlocking Fair Debt Practices: What RBI Says About Recovery Agents and Borrowers’ Rights
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…
Useful Tips When Dealing With a Recovery Agent
When you're trying to repay a loan but face challenges, dealing with recovery agents can be tough. This article shares practical tips on handling these situations. It's essential to know…