Monday, September 29, 2008

Bank’s recovery agents thrash couple






Agents of a private bank have landed in soup for thrashing a couple to recover credit card debt.
Initially, the police hesitated to take action but when mediapersons arrived on the spot, five recovery agents — including Prabhu, Somashekhar, Mallesh and Sundar — were taken for questioning and a case was registered.
on Tuesday, the agents barged into a cloth shop run by Balu and Prameela at Seshadripuram, and beat up the couple.
By withdrawing Rs 30,000, the two had reached the limit of a credit cards they had taken from a bank. The couple has, over the past two years, been paying the minimum amount to meet interest, according to the bank.



Accused the police of being soft on the agents. “They didn’t listen to the argument that RBI and Supreme Court directives prohibit recovery agents from taking law into their hands,’’ he said.

Balu produced receipts to prove he was repaying the money for the past two years. “Whatever we pay is going towards interest and service charges.

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