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RBI to stop people from buying assets that banks seized from them over loan defaults
short by Jessica Rajan / on Friday, 17 July, 2026
The RBI has introduced a new framework for banks and NBFCs to acquire and sell non-financial assets linked to stressed loans. Effective October 1, 2026, lenders cannot sell these assets back to defaulting borrowers or their related parties. The rules apply only to assets acquired from loans that have turned non-performing as part of debt settlement.
read more at CNBC-TV18