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Now, lenders can disable smartphone functions in case of default: Where do RBI’s new draft rules fall short?

RBI has proposed revised loan recovery rules allowing lenders to restrict certain smartphone features in default cases while banning harassment by recovery agents. The post Now, lenders can disable smartphone functions in case of default: Where do RBI’s new d…

By Amit Singh· MediaNama.com· 5 months ago· 2 min read
Now, lenders can disable smartphone functions in case of default: Where do RBI’s new draft rules fall short?