Recovery Agents
-
{
- All
- News
- Videos
-
Courts Cannot Act As Recovery Agents For Collection Of Money: Supreme Court
The Supreme Court has observed that courts cannot act as recovery agents and deprecated the trend of turning civil disputes into criminal cases by parties in dispute.
-
Recovery Agents May Be Barred From Calling Borrowers Between 7 pm And 8 am
The Reserve Bank of India on Thursday proposed stricter norms for recovery of overdue loans under which financial institutions and their recovery agents cannot call borrowers before 8 in the morning and after 7 in the evening.
-
On "Merciless" Loan Recovery, Finance Minister's Instructions To Banks
Nirmala Sitharaman today said the government has instructed both public and private banks that harsh steps should not be taken when it comes to the process of loan repayment and that they should handle such cases with humanity and sensitivity.
-
UP Farmer Crushed Under Tractor Allegedly By Loan Recovery Agents
A farmer in Uttar Pradesh was crushed to death on Saturday, allegedly by loan recovery agents of a private company who were trying to seize the tractor that the farmer had bought using Rs 5 lakh loan, the police said.
-
Facebook, the new platform for loan recovery
While the enforcement agencies have yet to effectively harness the web to tackle crime, loan recovery agents are not only tracking down defaulters by looking up their profiles on social networking sites, but are going a step further by luring...
-
Mumbai: Debt-ridden family made homeless
As recovery agents come to assume Shylock-like proportions for those defaulting on their loans, Wednesday night saw a family being made homeless, allegedly because of persecution by the agents for being unable to make loan payments on time. The harassment has driven them to the extent of threatening to commit suicide.The residence of Diliprao Patil...
-
Facebook, the new platform for loan recovery
While the enforcement agencies have yet to effectively harness the web to tackle crime, loan recovery agents are not only tracking down defaulters by looking up their profiles on social networking sites, but are going a step further by luring them with sex chats. A Borivli resident, who works an HR executive at a multinational company, recently fou...
-
Courts Cannot Act As Recovery Agents For Collection Of Money: Supreme Court
The Supreme Court has observed that courts cannot act as recovery agents and deprecated the trend of turning civil disputes into criminal cases by parties in dispute.
-
Recovery Agents May Be Barred From Calling Borrowers Between 7 pm And 8 am
The Reserve Bank of India on Thursday proposed stricter norms for recovery of overdue loans under which financial institutions and their recovery agents cannot call borrowers before 8 in the morning and after 7 in the evening.
-
On "Merciless" Loan Recovery, Finance Minister's Instructions To Banks
Nirmala Sitharaman today said the government has instructed both public and private banks that harsh steps should not be taken when it comes to the process of loan repayment and that they should handle such cases with humanity and sensitivity.
-
UP Farmer Crushed Under Tractor Allegedly By Loan Recovery Agents
A farmer in Uttar Pradesh was crushed to death on Saturday, allegedly by loan recovery agents of a private company who were trying to seize the tractor that the farmer had bought using Rs 5 lakh loan, the police said.
-
Facebook, the new platform for loan recovery
While the enforcement agencies have yet to effectively harness the web to tackle crime, loan recovery agents are not only tracking down defaulters by looking up their profiles on social networking sites, but are going a step further by luring...
-
Mumbai: Debt-ridden family made homeless
As recovery agents come to assume Shylock-like proportions for those defaulting on their loans, Wednesday night saw a family being made homeless, allegedly because of persecution by the agents for being unable to make loan payments on time. The harassment has driven them to the extent of threatening to commit suicide.The residence of Diliprao Patil...
-
Facebook, the new platform for loan recovery
While the enforcement agencies have yet to effectively harness the web to tackle crime, loan recovery agents are not only tracking down defaulters by looking up their profiles on social networking sites, but are going a step further by luring them with sex chats. A Borivli resident, who works an HR executive at a multinational company, recently fou...
