TOPCNBC-TV18 India ยท 2 hours agoLive
Maharashtra minister invokes RBI rules to curb coercive loan recovery after farmer deaths
Reported by CNBC-TV18 India, not nibnow. We are not the publisher of this story, only the source is.
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WHAT HAPPENED
Maharashtra has stepped up scrutiny of private moneylenders and microfinance institutions following concerns over pressure on borrowers. Minister Meghna Sakore-Bordikar has asked officials to enforce RBI guidelines, prevent coercive recovery practices and prioritise crop loans, while assuring the families of two deceased farmers of government assistance.
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