October 5, 2026
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RBI allows lenders to disable financed mobiles in loan default cases (Soban News)

The RBI has proposed allowing lenders to restrict financed mobile devices in loan default cases, while mandating safeguards, borrower notices and compensation for wrongful action​The RBI has proposed allowing lenders to restrict financed mobile devices in loan default cases, while mandating safeguards, borrower notices and compensation for wrongful action ​Latest News [ SOBAN NEWS: International and National ]

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