Google has barred 2,500 fraudulent loan apps: FM
Govt says outstanding personal loans of select 40 commercial banks have risen to 40,85,168 in FY24 so far
loan defaulters
December 2023
June 2023
February 2023
The flip-side of RBI's "compromise settlement" formula for stressed asset
Banking system needs more stringent stressed asset management norms and tighter regulatory oversight, rather than ‘compromise settlements' with willful defaulters causing the stress
Digital lenders must share recovery agents’ details with defaulters: RBI
RBI says if a loan turns delinquent, and recovery agent is assigned to borrower, particulars of such agents must be shared via email/SMS beforehand
