Nandigama (Andhra Pradesh) [India], July 30 (ANI): A 17-year-old girl died by suicide after she was allegedly harassed by loan recovery agents in Nandigama Town of Andhra Pradesh's NTR district, according to an official on Friday.
Mumbai (Maharashtra) [India], June 17 (ANI): Calling at odd hours and use of foul language by loan recovery agents is unacceptable, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday.
Mumbai (Maharashtra) [India], May 25 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has cancelled the Certificate of Registration (CoR) of five Non-Banking Financial Companies (NBFCs) due to irregular lending practices.
Bhopal (Madhya Pradesh) [India], Dec 1 (ANI): Two sons of Madhya Pradesh Assembly Speaker Narmada Prasad Prajapati have been served notices for recovery of over Rs 42 lakh loan by a bank.
Dahisar (Mumbai) [India], Nov 7 (ANI): The Mumbai Police on Thursday registered a case against a loan recovery agent for allegedly inciting a man to commit suicide.
New Delhi [India], July 1 (ANI): No bank has the power to appoint musclemen for recovery of loans, and recovery agents have to be appointed according to the prescribed norms, Minister of State for Finance Anurag Thakur said on Monday.