.........Co-incidentally on the same day I saw a newspaper headline that said that India’s largest bank was all set to publish photographs of defaulters in newspapers and their own branches. This was an attempt to name and shame the “willful” defaulters into paying their over dues. In my opinion publishing of defaulters photo in newspapers is against the BCSBI code which requires that the bank respect the privacy of the borrower. This co-incidental overlapping of two separate incidents regarding collection practices by banks set me thinking............
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