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Loan Recovery News

30 Apr 2024

DNA: RBI Guidelines for Loan Recovery

DRI has taken major action

21 Sep 2022

Big action of DRI in 3 states, 65 kg gold seized

DRI has taken major action in 3 states. Gold has been seized from Delhi, Mumbai and Patna. A total of 65 kg gold has been seized from 3 states.

Reserve Bank of India

18 Jun 2022

‘No harassment, bad language, threats’: RBI Gov warns loan sharks

He also shared concerns over the use of ‘big tech’s data’ in the loan approval process. Das also refuted criticism of the RBI being behind the curve in its policies. His comments came two days after Arvind Subramanian co-authored an article blaming the RBI for acting late on inflation.

03 Jan 2017

SC seeks data from Centre on recovery cases filed by banks, financial institutions pending for 10 years

The bench also sought a response on the question as to whether the recovery tribunals are equipped to decide the loan recovery cases within a fixed time frame, stipulated under the law.

Finance Ministry

21 Mar 2016

FinMin holds review meeting with banks on loan recovery

The Finance Ministry Monday held a meeting with senior officials of public sector banks (PSBs) to review their efforts for loan recovery, including from Kingfisher Airlines.

25 May 2015

Loan recovery eludes India's banks, even as growth rate beats China

A recovery in India`s credit growth could elude the country`s banks until early 2016, despite an economy that in the first three months of this year is expected to have outpaced China.

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