Loan Settlement

Clear Communication from the Start Ethical recovery begins with transparent communication at the time of loan disbursement. Borrowers should be made aware of: Loan terms and conditions Consequences of default Recovery processes Providing borrowers with a clear understanding of their…

In recent years, the concept of ethical banking has gained significant attention as customers, businesses, and policymakers demand more transparency, accountability, and fairness in financial services. Ethical banking emphasizes responsible practices, ensuring that banks operate in a manner that is…

Introduction Define harassment in the context of financial matters, particularly concerning elderly borrowers. Highlight the vulnerability of elderly individuals due to age, health, and financial dependence. Explain the importance of addressing harassment in India, where a significant proportion of the…

Abstract Senior citizens often depend on financial institutions for managing their savings, pensions, and other monetary assets. However, instances of bank harassment, including unfair practices, delays, denial of legitimate services, or outright financial abuse, can have a significant psychological impact…