If the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of a borrower, it shall ensure adopting a graduated approach rather than disabling the device, ab initio; it can’t disable … For the full story, visit the source.
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Can banks block your mobile in case of loan default? RBI lays down rules for restricting services; Rs 250/hour compensation in this case
If the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of a borrower, it shall ensure adopting a graduated approach rather than disabling the device, ab initio; it can’t disable …
By Himanshi Singh· The Times of India· 7 days ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India