RBI plans rules to restrict phone blocking after EMI default
NewsBytes | May 21, 2026 2:39 PM CST
Banks pay ₹250 for mistaken blocks
If your phone gets blocked by mistake, the bank will owe you ₹250 for every hour it's locked.
Recovery agents can't call during sensitive times like weddings or funerals, and all their calls must be recorded and kept for six months.
Plus, banks have to tell you which agency is contacting you and make sure agents are properly certified, so things stay transparent and respectful.
READ NEXT
-
Khadija Shaw named WSL Player of the Season after leading Manchester City to first league crown in ten years

-
Where Does Weston McKennie’s 2025-26 Season with Juventus Stand Among the Greatest USMNT Midfield Performances in Europe?

-
Ranked: The 10 Greatest Brazilian Footballers of All Time

-
Lamine Yamal and Nine Teenage Prodigies Ready to Shake Up the 2026 World Cup

-
We confronted Andy Burnham about his Brexit U-turn - his tetchy reaction says it all
