Even as financial institutions are in the thick of action with regulations, the role of loan recovery agents is coming to light once again. This, after a Reserve Bank of India order banning Mahindra Finance from using third party recovery agents for recovery and repossession of assets after an unfortunate incident at Hazaribagh last week.source https://economictimes.indiatimes.com/industry/banking/finance/banking/loan-recovery-agents-face-rbi-heat-for-unfair-practices/articleshow/94424349.cms
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