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SBI's Sweet Surprise For Loan Defaulters! Check The Bank's Genius Idea To Ensure Timely Repayments | Personal Finance News - Vimarsana News

SBI's Sweet Surprise For Loan Defaulters! Check The Bank's Genius Idea To Ensure Timely Repayments | Personal Finance News

Published: September 18, 2023

SBI  has observed that when borrowers plan to default, they conveniently ignore reminder calls, hence the idea is to pay them a surprise visit at their homes with a pack of chocolates.

Source: india.com
Related Topics:
New DelhiMonetary Policy CommitteeState BankEffective FromReserve BankState Bank Of IndiaBi Loan Defaulter ChocolatesBi Chocolates
SBI to send chocolates to borrowers who are likely to default on repayments - Vimarsana News

SBI to send chocolates to borrowers who are likely to default on repayments

Published: September 17, 2023

The largest public sector lender has found that a borrower who is planning to default will not answer a reminder call from the bank. So the best way is to meet them at their homes unannounced.

Source: businesstoday.in
Related Topics:
Lok SabhaAshwini Kumar TewariBhagwat Kisanrao KaradState BankKumar TewariSbi Loan RecoveryIdbi BankBi To Send ChocolatesBi Retail BorrowersBi Chocolates