Tag: Responsible Business Conduct

Finance

RBI Loan Recovery Rules 2027: The Compliance Checklist Every NBFC, HFC and Fintech Must Finish Before January 1, 2027

CA Adityavikram Banka

RBI’s loan recovery rules start January 1, 2027. The full compliance checklist for NBFCs, HFCs and fintechs: recovery agents, contact hours, call recording, and the device-locking code with Rs 250 per hour compensation.

Finance MSME

RBI’s New Loan Recovery Rules From January 1, 2027: What the August 6, 2026 Directions Mean for Every Borrower

CA Adityavikram Banka

RBI’s nine circulars of 6 August 2026 rewrite loan recovery conduct for banks, NBFCs and HFCs. Recovery calls 8 am to 7 pm, mandatory compensation, device-locking curbs. Effective 1 January 2027.