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The Bank Loan Recovery Rules
outline the guidelines and procedures banks follow to recover unpaid loans from
borrowers. These rules are framed by regulatory bodies to ensure fairness,
transparency, and legal compliance during the recovery process. Methods include
reminders, restructuring options, legal notices, or seizing collateral.
Recovery agents must adhere to ethical practices, avoiding harassment or
intimidation. Banks must respect borrower rights while safeguarding their
financial interests. Proper implementation of these rules ensures equitable
debt resolution and financial system stability. Address:
B-33, sector 2 , Noida, India, Uttar Pradesh
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