RBI extends loan recovery norm deadline to January 2027
The Reserve Bank of India has extended the deadline for its new loan recovery guidelines to 1 January 2027, three months later than originally planned. The norms, announced on 6 August, ban…
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US Treasury to take over defaulted student loans from Education
The US Treasury released new plans on Friday to manage defaulted federal student loans, taking over from the Education Department. It will create a 'Default Resolution Hub' and work with outside vendors…
