RBI’s stern warning to HDFC Bank: Rein in recovery agents, appreciate borrower privacy | Mint
The Reserve Bank of India (RBI) has levied a hefty ₹1 crore penalty on HDFC Bank for its recovery agents’ disregard for RBI guidelines. RBI sends a strong message to HDFC Bank’s recovery agents to adhere to guidelines The Reserve Bank of India (RBI) imposed a ₹1-crore penalty on HDFC Bank for violating guidelines related