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Tag: RBI directive on loan recovery

RBI asks banks, NBFCs to release original movable, unmovable property documents within 30 days of full repayment of loan

Posted on September 13, 2023 By admin
RBI asks banks, NBFCs to release original movable, unmovable property documents within 30 days of full repayment of loan

As per the latest RBI’s directive, the borrower will be given the option of collecting the original movable / immovable property documents either from the branch where the loan account was serviced or from any other office of the RE where the documents are available. The Reserve Bank of India (RBI) has issued directions to…

Read More “RBI asks banks, NBFCs to release original movable, unmovable property documents within 30 days of full repayment of loan” »

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RBI asks banks, NBFCs to release original movable, unmovable property documents within 30 days of full repayment of loan

Posted on September 13, 2023 By admin
RBI asks banks, NBFCs to release original movable, unmovable property documents within 30 days of full repayment of loan

As per the latest RBI’s directive, the borrower will be given the option of collecting the original movable / immovable property documents either from the branch where the loan account was serviced or from any other office of the RE where the documents are available. The Reserve Bank of India (RBI) has issued directions to…

Read More “RBI asks banks, NBFCs to release original movable, unmovable property documents within 30 days of full repayment of loan” »

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