Recent Laws and Guidelines on Preventing Bank Harassment

Recent Laws and Guidelines on Preventing Bank Harassment

In India, the government and regulatory bodies like the Reserve Bank of India (RBI) have introduced various laws and guidelines to protect consumers from bank harassment, especially in the context of debt recovery, abusive practices by recovery agents, and unethical collection methods. Here…
Bank Harassment: How Financial Advisors Can Help

Bank Harassment: How Financial Advisors Can Help

A financial advisor can be a valuable resource when you're dealing with bank harassment, especially if the issue revolves around loan recovery, overdue payments, or financial management. Here's how a financial advisor can help you handle the situation effectively: Assessing Your Financial Situation…
How to File a Agent Harassment Complaint and What to Expect

How to File a Agent Harassment Complaint and What to Expect

Filing a complaint against harassment by a bank's recovery agent in India is a multi-step process, involving formal complaints to the bank, the Banking Ombudsman, or even the police, depending on the severity of the harassment. Here's a detailed guide…
Bank Harassment and Consumer Rights: What You Need to Know

Bank Harassment and Consumer Rights: What You Need to Know

What is Bank Harassment? Bank harassment generally refers to aggressive or inappropriate practices by banks, often related to loan recovery, collection of overdue payments, or other banking services. These actions may include: Excessive Calls: Frequent or repeated phone calls to customers,…
Legal Protection Against Bank Harassment in India

Legal Protection Against Bank Harassment in India

In India, there are several legal protections available to safeguard individuals from bank harassment, especially in cases related to debt recovery and unfair practices. The Indian legal system provides remedies through laws, regulations, and guidelines to protect consumers from harassment…