..............The allegation being made about HSBC in India are demanding money with menace, make threats to register people with credit bureaus (for e.g. CIBIL), direct sales agents (DSAs) falsely telling customers the credit card was free for life, customer’s being threatened, intimidated and blackmailed by staff. Some customers being asked to sign blank letters of instructions (LOIs), credit card statements not appearing for years, falsely registering with CIBIL, failing to comply with the rules and regulations. Violating people’s rights and violating the Indian Penal Code (IPC)................
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