RBI issues new rules on bank property seizures
pre-market1 source ↓written by the desknot a recommendation
- Effective
- 1 Oct 2026
The Reserve Bank of India (RBI) has introduced a new framework for banks regarding the management of immovable properties acquired during loan recoveries. Effective from 1 Oct 2026, banks must establish Board-approved policies and adhere to specified timelines for asset disposal. This aims to prevent indefinite holding of properties by banks, aligning with their core financial operations.
Not investment advice. For informational purposes only.