RBI for settlement guidelines 2025
RBI for settlement guidelines 2025 are here! Stay informed about how RBI is shaping fairer, more transparent loan settlements in 2025.
RBI mandates banks to clearly explain settlement terms—no hidden clauses, full clarity for borrowers.
Focus on Transparency
In 2025, banks must assess genuine financial hardship. Automated checks and human review are now required.
Eligibility Criteria Updated
Banks must inform borrowers of settlement options before declaring the loan a non-performing asset (NPA).
Borrower First Contact
RBI requires banks to disclose exactly how settlement will affect your credit score—no surprises later.
Credit Score Impact Explained
All settlements must be documented with written consent. Banks must keep records for audit and borrower access.
Written Consent & Recordkeeping