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Banks must find alternative ways for recovery!
by sajith marakar on Oct 15, 2007 04:38 PM

Its well known facts that private banks are appointing CRIMINALS so called Loan Recovery Agents to recover their unpaid or delayed loan or credit card out standings! There are many instance where these criminals have attacked the customers and in one case happened in Cochin in 2001 ( not sure about the year), Kotak Mahindra%u2019s agents killed a customer!!!!

I would like to advice the Private Bank%u2019s great CEOs and Heads who are the out put of our great state funded IIMs, to be careful and initiate immediate alternative ways and solutions for recovery process. This country is changing faster , the people are getting informed by channels ,news papers and websites%u2019.You will loose your face and reputation, if you follow the same Criminal Business here after!!



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