Mahalaxmi Bikas Bank Partners with Dolma Consultancy for Loan Recovery

Mon, Feb 3, 2025 12:06 PM on Latest, Corporate,

Mahalaxmi Bikas Bank Limited (MLBL) has signed an agreement with Dolma Consultancy Pvt. Ltd. to enhance its loan recovery efforts.

The partnership, formalized at the bank's central office, provides access to legal consultations, training, and specialized international software for loan recovery.

Dolma Consultancy, with experience in collaborating with national and international banks, will help strengthen MLBL’s loan recovery system and improve bad debt management.

Additionally, the bank has launched an updated mobile application, "Mahalaxmi Smart Sathi," aimed at offering a more secure and convenient digital banking experience for its customers.