
3 min read · Harassment
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 laid down comprehensive guidelines concerning the practices of recovery agents. Let’s delve into these guidelines and understand how they safeguard the rights of borrowers.