
Missing a loan EMI does not give banks unlimited powers to seize assets or let recovery agents harass borrowers. Here’s what banks can legally do after a default and what borrowers can.
Syndicated via official news feed
Syndicated feed content with full publisher credit.
Continue reading verified coverage and related developments on this desk.
Latest developments and reports from the desk
Collapse of talks threatens to raise prices even higher months before midterm election
Volodymyr Zelenskyy addresses the Ukrainian nation, the Fed’s Kevin Warsh talks monetary policy at Jackson Hole and investors await Nvidia earnings call
Turkey’s central bank decided to resume weekly repo auctions at its 37% policy rate, a step toward normalizing funding conditions and betting that the worst of the Iran war’s economic fallout has passed.