Today I read a shocking incident pertaining to recovery of personal loan by ICICI Bank.
In Hyderabad, a person has been detained illegally and beaten up brutally by a private recovery agency of ICICI Bank.
This person later died due to his injuries at a local hospital.
The police has registered a case of wrongful confinement and culpable homicide not amounting to murder! How can they register as culpable homicide not amounting to murder when an actual murder has taken place.
All this after the Supreme Court of India giving clear guidelines to all the banks operating within India on methods of recovery. The Court has clearly said that 'There will be no use of force'. But the banks don't want to listen.
This person lost his life for a paltry sum of 15,000.
I wish death to ICICI Bank.
Read the complete article here
http://timesofindia.indiatimes.com/India/Man_dies_after_being_confined_by_debt_recovery_men/articleshow/2145190.cms
My attempts at making our country a better place to stay through sharing my experiences in management and day to day life. And adding my Information Technology experience as I go along.
Subscribe to:
Post Comments (Atom)
Towards a just society....
Pure human greed is ruining our lives. We have become exploitative of our fellow human beings. Those who are involved in this game, cre...
-
This is the list of survey numbers issued by the collectors office for those affected by the recent forest land issue in Mumbai.
-
Many of you will remember the Telgi Stamp Scam that happened in 2000-2003. It was hyped initially to be 60000 Crores. Later the CBI declar...
-
The Makadwala Gang. What happens when the poorest of the poor want to borrow money? They often are illiterate, downtrodden, living on the ma...
No comments:
Post a Comment