What does SARFAESI mean? What is the full form of SARFAESI?
The full form of SARFAESI is Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest. It’s used on Governmental ,Law & Legal in India
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002 or SARFAESI Act, is an Indian law lets the banks as well as other financial institutions of India to recover their Non-Performing Asset (NPA), when borrowers fail to repay their loans, without the intervention of the Court.
SARFAESI
means
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest
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