Overwhelmed by relentless collection calls? Fight back with legal action, escalation, and social media pressure. Document evidence, assert your rights, and reclaim your peace of mind today.
The RBI’s policies ensure fair banking practices, enhance security, and promote financial literacy, fostering consumer trust through grievance redressal, transparency, and effective resolution of financial disputes.
Naveen’s journey highlights the power of legal and financial guidance in overcoming debt traps and harassment, proving that perseverance and the right support can lead to financial freedom.
RBI rules ensure fair treatment during home visits by banks and financial institutions. Borrowers have the right to privacy, respectful interactions, and a proper grievance redressal process.
Fair lending practices ensure transparency and accountability in banking. RBI guidelines mandate reasonable penal charges, clear disclosures, and non-discriminatory policies, fostering responsible borrowing and lending.
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 principal or the interest payment has remained overdue for a period of 90 days.