Recovering Subprime Loans
There is turmoil in India’s subprime market. The past month has seen one
death (Hyderabad) and one suicide (Mumbai) allegedly due to ‘harassment’
by debt recovery agents of banks. Cases have also been registered by borrowers
-- one alleged that his wife was molested by recovery agents; another person
was harassed in a case of mistaken identity; a third charged that his child was...
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