Posted on
March 28, 2009
at
4:11 am
In India Recently Icici bank was fined 50 Lakhs for harassing a costumer regarding debts collection.Actually the Bank had hired goons to collect the debts and the goons beat up the person for not paying out the debts.The court fined the bank for it!!!
Posted on
March 30, 2009
at
11:54 am
i don't know what the rules are in india but they are deffinetley different to the ones in my country
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Posted on
March 31, 2009
at
6:33 am
I also came across a similar kind of situation from the same bank but its not so worst like the one you mentioned and I guess everyone is not lucky enough to get a compensation for the trouble they have gone through.
Posted on
April 6, 2009
at
2:31 pm
I agree, that those who educate themselves about their rights as debtors, is essential. Banks that resort to these tactics, should be severely fined.
Posted on
April 7, 2009
at
8:12 pm
yes i have seen this news on the internet long time back . but good that you reminded all of us of that . thanks