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    <title>RBI releases Second Draft of Guidelines on Recovery Agents for Public Comments</title>
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    <description>The second draft prescribes recording of calls, publication of updated recovery agent lists on bank websites, periodic antecedent verification of agent employees including possible police checks, additional conditions for asset repossession, continuation of recovery where borrowers make frivolous complaints, use of credit counsellors for sympathetic cases, and nationwide training and a common examination for agents via IIBF or equivalent institutes; the draft is issued for public comments following earlier feedback.</description>
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