Emi Default News

17 Sept 20262:57 pm

finance17 Sept 2026 · 2:57 pm2:57 pm

Supreme Court Rules Against Forced Vehicle Repossession by Banks After EMI Default

The Supreme Court has ruled that banks cannot use force or coercive methods to repossess vehicles after an EMI default, emphasizing that lenders must follow due

8 Aug 20261:12 am

Banking8 Aug 2026 · 1:12 am1:12 am

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RBI tightens loan recovery rules, prohibits harassment of EMI defaulters

The RBI has introduced new, stricter guidelines for loan recovery, effective January 1, 2027, prohibiting harassment of EMI defaulters and imposing strict norms

7 Aug 20263:55 pm

General7 Aug 2026 · 3:55 pm3:55 pm

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RBI Permits Device Restrictions Following 30-Day EMI Default

The RBI has permitted device restrictions after 30 days of EMI default.

Emi Default News

#Emi Default

Supreme Court Rules Against Forced Vehicle Repossession by Banks After EMI Default

RBI tightens loan recovery rules, prohibits harassment of EMI defaulters

RBI Permits Device Restrictions Following 30-Day EMI Default

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