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Publication of Photographs of Defaulting Borrowers: A ... - Live Law
- https://www.livelaw.in/publication-photographs-defaulting-borrowers-picture-imperfect/
- State Bank of India, 2015, held that Rule 8 clearly demonstrates that the Bank has the right to publish the name of defaulters and that publication of photograph has got legal sanction under Rule ...
Publishing photos of loan defaulters, guarantors legally
- https://www.firstpost.com/business/publishing-defaulters-guarantors-photos-legally-impermissible-1029971.html
- A letter (adverted to by both Madras and Calcutta high courts) of the Deputy General Manager, Reserve Bank of India, dated July 12, 2007 addressed to the Chairman, State Bank of India, on the subject of "Wilful Defaulters - Publication of …
Publishing of photographs of declared wilful defaulters
- https://bankingschool.co.in/bank-news/publishing-of-photographs-of-declared-wilful-defaulters/
- In this regard, RBI made an observation that the Photographs of defaulters/guarantors are published indiscriminately by some of the lending institutions. In this context, the apex bank has directed lending institutions as under. (i) A lending institution can consider the publication of the photographs of only those borrowers, including ...
Can photos of wilful defaulters be published? Find out here
- https://www.financialexpress.com/economy/can-photos-of-wilful-defaulters-be-published-find-out-here/398479/
- If the defaulting party has been declared a wilful defaulter, the lender can consider publishing photographs of proprietors, partners, directors, …
Publishing Of Photographs Of Willful Defaulters
- https://www.centrik.in/dwkb/publishing-of-photographs-of-willful-defaulters/
- RBI which earlier has permitted the use of photographs of only 'willful' defaulters in newspaper advertisements directs the publication of photos of all defaulters should be stopped. RBI taking into account the sensitivity involved, directed to prevent the publishing of photos of defaulting borrower in an indiscriminate manner. RBI reiterated that banks are allowed to … Continue …
Publishing loan defaulter’s photos in newspapers is illegal
- https://taxguru.in/finance/publishing-loan-defaulters-photos-newspapers-illegal.html
- Wilful Defaulters – Publication of Photographs. Please refer to your letter No. CPP/KKK/120 dated June 06, 207 on the captioned subject. 2. In this connection, we advise that on a reference made to IBA, we have been advised by IBA vide their letter dated June 09, 2007 (copy enclosed) that publishing of photographs of defaulter borrowers had ...
Photographs of defaulting borrower cannot be published in
- https://www.scconline.com/blog/post/2016/11/25/photographs-of-defaulting-borrower-cannot-be-published-in-newspapers-in-routine-manner-for-pressurising-defaulting-borrower-to-repay-dues/
- State Bank of India, 2016 (3) CHN (CAL) 703, held that publishing the photographs of borrowers/defaulters is not a mode contemplated under the SARFAESI Act, 2002 rather the secured creditors should not resort to publication of photographs of borrower/defaulters unless and until there are special circumstances where the borrower/defaulter with ...
Banks can publish photos of declared wilful defaulters …
- https://www.hindustantimes.com/india-news/banks-can-publish-photos-of-declared-wilful-defaulters-only-rbi/story-xq9qNTwOS6GOrxMUIpkyHP.html
- RBI on Thursday said lenders can publish photographs of only those borrowers in newspapers who have been declared wilful defaulters as per the central bank’s guidelines.
RBI issue guidelines on publishing photographs of Wilful Defaulters
- https://www.zeebiz.com/india/news-rbi-issue-guidelines-on-publishing-photographs-of-wilful-defaulters-6591
- Under the measures it said," A lending institution can consider publication of the photographs of only those borrowers, including proprietors/ partners /directors / guarantors of borrower firms/ companies, who have been declared as wilful defaulters following the mechanism set out in the RBI instructions under it's book 'Master Circular on ...
Reserve Bank of India - Index To RBI Circulars
- https://www.rbi.org.in/scripts/BS_CircularIndexDisplay.aspx?Id=10619
- 2. In this context, it has been observed that some lending institutions have been publishing the photographs of defaulters/ guarantors in newspapers. In view of the sensitivity involved and need to prevent the publishing of photographs of defaulting borrower/ guarantor in an indiscriminate manner, it has been decided as under:
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