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
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