Obtaining personal loans from a bank is relatively new in India - new to both borrowers and banks. That may be why a fairly common way of trying to collect delinquent loans is to physically beat the borrower; some have been beaten with more than fists. Other debt collection people have been accused of intimidation, extortion and "outraging the modesty" of a woman.
Part of the problem is not only the newness of the concept of personal loans, but the legal system is such that it takes years to collect if one goes through the courts.
Ah, the problems of nascent economic powers.
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