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Banks can't sell back seized assets to defaulters: RBI
MUMBAI: RBI has barred defaulting borrowers from buying back properties acquired by lenders to satisfy a defaulter's debt, tightening norms for resolution of stressed accounts under its new directions effective Oct 1, 2026.
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economictimes.indiatimes.com
RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related parties
New Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply to banks, small finance banks, and NBFCs…
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timesofindia.indiatimes.com
Banks can't sell back seized assets to defaulters: RBI
MUMBAI: RBI has barred defaulting borrowers from buying back properties acquired by lenders to satisfy a defaulter's debt, tightening norms for resolution of stressed accounts…