RBI Hits Snooze on Loan Recovery Rules: Agents Get Extra Time

Finance

TonyTony

RBI Hits Snooze on Loan Recovery Rules: Agents Get Extra Time

The RBI, in a classic move, has pushed the loan recovery rules deadline to January 1, 2027, because apparently, lenders need a little more time to get their recovery agents certified. But don’t get too cozy, new agents still need to pass the test before charming borrowers. And late payments? No one’s losing access to emergency calls. Just another day in RBI's playbook of surprises.