penalty

To curb the harassment faced by many bank customers, the RBI on Banking Ombudsman (BO) has implied various rules to be followed by the recovery agents. Bank customers are solely a target of harassment and compulsions on various pretexts. Various banks and financial institutions hire recovery agents legally and illegally to recover the debts from […]

In the recent years Indian Real Estate sector has been facing an immense problem with almost 90% of the projects getting delayed. The common myth is that the delay happens at the developers end, but this is not entirely true. The possession of an apartment in India is not entirely in the developer’s hand. There […]