Recovery Agents News

Videos

FM Says No To 'Merciless' Loan Recovery; Instructs Banks 'No Harsh Steps'

Today, the matter of coercive loan recoveries was raised in parliament. As you know banks & financial institutions deploy all kinds of tricks to recover loans. Banks sometimes even hire burly bouncers as recovery agents, and this muscle for hire is used to threaten people to recover loans. Today, during the question hour the issue was addressed by Finance Minister Nirmala Sitharaman. She said banks have ben instructed to ensure no harsh measures are taken for loan recovery. Watch.

24 Jul 2023
Opinion

Keep these rules in mind while facing a loan recovery agent

Keep these rules in mind while facing a loan recovery agent

5 min read28 Jun 2011
Money

ICICI’s collection agents make way for relationship managers

ICICI’s collection agents make way for relationship managers

3 min read22 Sep 2009
Companies

Recovery agents feel the pinch as banks go soft on loan defaulters

Recovery agents feel the pinch as banks go soft on loan defaulters

4 min read18 Jul 2008
Mint-lounge

Reining in recovery agents

Reining in recovery agents

2 min read31 Mar 2008
Companies

Wary of agents, SBI to hire 3,000 recovery officers

Wary of agents, SBI to hire 3,000 recovery officers

1 min read31 Oct 2007

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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