News & Media 20th Feb 2026

Draft norms for recovery agents seeks higher accountability for banks

Authors

Mukesh ChandSenior Counsel | Mumbai

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Our Partner, Mukesh Chand shares his insight in Business Standard, “Draft norms for recovery agents seeks higher accountability for banks.”

He highlights that The draft rules fix clear accountability on banks, not just agents, closing the earlier defence that misconduct was the agent’s independent act. With mandatory due diligence, audits and public disclosure of recovery agents, lenders remain responsible for actions taken in their name.

Read the article here

   

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