Recovery of Debt
Debt recovery, General

Recovery of Debt Due to Banks And Financial Institutions

Origination of RDDBFI Act – An Introduction Banks and financial institutions that are properly registered by Reserve Bank of India ( RBI) provide legal entities and borrower entities with the loan facility. If the borrower fails in repaying the loan sum or part of it which includes unpaid interest and/or debt which is Non-Performing Asset (NPA), the debt may be…

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