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· 6 min read · Debt Management
Debt Recovery in India: Legal Processes and Authorized Agents
In India, debt recovery is a complex procedure involving various players and methods. Banks, financial institutions, and private creditors have the right to pursue unpaid debts, often employing specialized agencies or in-house teams. These entities use a range of tactics, from gentle reminders to more assertive measures, but all methods must remain within legal bounds.