
RBI Ends ‘Gunda Raj’: 100% Collateral for Brokers and Strict 7 PM Curfew for Recovery Agents
Mumbai, February 16, 2026 — In a major regulatory sweep, the Reserve Bank of India (RBI) has issued two significant sets of directives aimed at safeguarding the banking system from stock market volatility and protecting citizens from aggressive debt recovery tactics. The new rules, introduced as part of the Responsible Business Conduct Amendment (2026) and the Credit Facilities Amendment Directions …
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