The Reserve Bank of India has proposed draft guidelines directing banks and housing finance companies to follow stricter rules while using recovery agents. Banks must give borrowers written details of assigned agents, avoid setting targets that may lead to harsh practices, and not engage agents if a grievance is already filed.
Gold and silver rise from near one-week lows on bargain-hunting
Friday brought a pleasant uplift for gold and silver prices, thanks to savvy bargain hunters jumping in. After dipping to a one-week low earlier, the