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1 week ago
RBI Releases Draft Rules on Acquiring Immovable Assets Against Loans: What Borrowers and Lenders Should Know
The Reserve Bank of India (RBI) has taken a significant step to bring more discipline and transparency to the loan recovery process. On May 5, 2026, the central bank released draft guidelines titled the “Prudential Norms on Specified Non-financial Assets (SNFA) Directions, 2026”. This detailed framework outlines the circumstances under which lenders can take possession […]