RBI fines Bajaj Finance for use of coercive means of recovery

RBI fines Bajaj Finance for use of coercive means of recovery

The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty of Rs 2.50 crore on Bajaj Finance for using coercive methods of recovery from its borrowers, and violation of general guidelines and one specific direction issued by the regulator.
Check the source here –Source, Financial Express.

Change Language