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How new RBI rules protect borrowers from aggressive loan recovery

short by / on Saturday, 15 August, 2026
RBI's new framework of loan rules shields borrowers' privacy by prohibiting lenders from accessing contacts, photos, or location data. It also curbs harassment by requiring mandatory IIBF training for recovery agents, recorded calls kept for six months, and strict 8 AM to 7 PM contact hours. Abusive language, public shaming, and harassing relatives are strictly banned.
read more at Asianet Newsable