forceful loan recovery

Bajaj Finance Slapped With Rs 2.5 Crore Penalty: Their Recovery Agents Are Harassing Customers Bajaj Finance, one of the leading banks of India has been slapped with a penalty of Rs. 2.5 crores. The penalty is because the bank has…

Banks cannot hire bouncers For a long time, banks have been using bouncers or “loan recovery agents” to recover loans from customers forcefully, torturing customers physically as well as mentally. But such traumatic malpractices will…