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Daily Archives: August 2, 2023

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RBI Guidelines on Valuation and Revaluation of Properties

Loans and advancesBy Surendra NaikAugust 2, 2023

Every Bank has a Board approved policy in place for valuation of properties including collaterals accepted for their exposures. The valuation of properties should be done by professionally qualified independent Valuers i.e., the Valuer should not have a direct or indirect interest on assessed property or in the account. In the case of Valuation Reports…

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