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Banks Can Now Go For Compromise Settlement Of Wilful Defaults, Fraud Accounts - Vimarsana News

Banks Can Now Go For Compromise Settlement Of Wilful Defaults, Fraud Accounts

In order to ensure maximum recovery from distressed assets, the Reserve Bank of India has allowed banks to go for compromise settlement of fraud accounts and wilful defaults.

Source: ndtv.com
RBI allows banks to undertake compromise settlements of wilful defaults, fraud accounts - Vimarsana News

RBI allows banks to undertake compromise settlements of wilful defaults, fraud accounts

The objective would be to maximise the possible recovery from a distressed borrower at minimum expense, in the best interest of the Regulated Entity (RE).

Inside Paisabazaar's ongoing pivot to a recurring revenue model - Vimarsana News

Inside Paisabazaar's ongoing pivot to a recurring revenue model

PB Fintech’s lending marketplace targets earning a third of revenue from recurring revenue products in the next two to three years 

Washington State Greatly Expands Protections for Personal Health Info - Vimarsana News

Washington State Greatly Expands Protections for Personal Health Info

My Health My Data MHMDA Washinton States very broad Health Data Privacy Protection Law MHMDA is effective March 31, 2024 for most regulated business except small businesses which have until June 30, 2024 to comply with Washington My Health My Data MHMDA

My Health, My Data! Washington State Enacts Broad Health Data Privacy Protection Law | Mintz - Vimarsana News

My Health, My Data! Washington State Enacts Broad Health Data Privacy Protection Law | Mintz

Washington greatly expanded the protection for consumers’ identifiable health information by enacting the “My Health My Data Act” (MHMDA), in an effort to close the gap between HIPAA...