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flag India's loan settlements allow debtors to pay less, aided by new programs and tribunals.

flag Loan settlements in India can help debtors pay less than what they owe, thanks to the Reserve Bank of India's oversight and new borrower-friendly programs. flag Debt recovery tribunals assist in negotiations between lenders and borrowers, while adherence to rules and documentation is crucial. flag Understanding eligibility criteria and financial status is key for a successful settlement, leading to better debt management and financial stability.

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