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ICICI Fined for violating Human rights
mightyjoejo
Posts: 8 Forumite
Check this out ...
http://timesofindia.indiatimes.com/Bank_uses_goons_fined_Rs_55_lakh/articleshow/2521719.cms
NEW DELHI: In a judgement that reinforces RBI's recent warning to banks on the strong-arm tactics of their collection agents, the State Consumer Commission has slapped a fine of Rs 55 lakh on ICICI Bank for trying to recover a vehicle loan by hiring "goons". They had forcibly dragged out a youth from the car, beaten him up with iron rods and left him bleeding as they drove away with the vehicle.
http://timesofindia.indiatimes.com/Bank_uses_goons_fined_Rs_55_lakh/articleshow/2521719.cms
NEW DELHI: In a judgement that reinforces RBI's recent warning to banks on the strong-arm tactics of their collection agents, the State Consumer Commission has slapped a fine of Rs 55 lakh on ICICI Bank for trying to recover a vehicle loan by hiring "goons". They had forcibly dragged out a youth from the car, beaten him up with iron rods and left him bleeding as they drove away with the vehicle.
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