In recent past , lots of complaints are pouring in from all over India against the Private Bank`s mode of recovery. This is observed that they are engaging goons to recover lapsed installments of any sort of loan . Not only that the fraud stars may with false documentations and obviously in collusion with the Bank`s staff or agent , may raise loan. Then the recovery team (read goons) may knock on your doors with their full blown muscle.
I shall let you know a recent complaints , that has been lodged with a police station in West Bengal.
wait for that, and till then bye/