Smartphone to be locked for missed EMI? RBI’s new rules for lenders, defaulting borrowers explained
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
The Reserve Bank of India (RBI) has laid out some guidelines for lenders on recovery of loans, and whether they can block or lock the device that has been purchased via EMI financing. This new framework will come into effect from January 1, 2027. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
![Cruise 2 Ton 3 Star Inverter Split AC – Now Only ₹38,490 [MRP: ₹64,900] on Amazon!](https://savefree.in/uploads/images/202607/image_870x580_6a6870eb6880c.webp?#)
