Thursday 12 September 2013

Villagers Dreads As Banks Flak Faces Of Education Loan Defaulters

The SBI branch of Tamilnadu published photos of loan defaulters in leading newspapers and editorials in an attempt to pressurize the loan takers to repay their loans. Furious students have opposed the move and carried out demonstrations and agitations against the bank. 



The incident took place at Theni district of Tamilnadu’s Bodinayakanur. Annoyed students asserted that the move has brought shame to their families and activists claimed it to be violation of human rights. A concerned student on grounds of anonymity told,” This is a shame. 

In rural areas, none would marry us. We are poor people, now ashamed." The executive director of a coveted People’s Watch, Henry Tiphagne said,” Would they ever be willing to portray the photograph of Mr Vijay Mallya for all the payments he has not paid back banks for years? This is a loss of dignity and human rights for the poor people. They should resort to legal recourse even in the worst case." 

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