The family left behind a letter at their home saying that they had borrowed money from various persons. As the pressure for repayment of the loans was mounting, they disappeared without telling anyone
According to a suicide note purportedly written by Ashok, the fertilizer trader lend Rs 60 lakh to Rakender of Hasnpur village. He was depressed when Rakender did not repay the loan despite repeated requests
Guguloth Lakshmi, a resident of Pedatanda village under Devaruppla mandal in the district, was due to pay the Rs 61,000 loan amount. The SERP officials put up a small fire in front of the woman’s house. Inviting the villagers to assemble before the house, they demanded that she immediately repay the loan amount
Family members said Karam Santosh (29), a daily wage labourer from the village resorted to the drastic step by consuming pesticide. They alleged that Santosh was harassed by the staffers of a cooperative bank for repayment of a loan of Rs 30,000 availed by him seven years ago
The victim, Mohd Saif, a resident of Vattepally, had given a hand loan to his relative, Ismail, a few months ago. However, disputes arose over the issue of repayment of amount.
According to Kanukunta Bikshapathi, his wife Minni, a member of a SHG group in the village, had taken the loan eight months ago. However, she left their home and was staying with her mother owing to her ill health
Addressing a press conference, Minister Jagadish Reddy said Singh was lying blatantly and that his allegations on the financial condition of the State were false
Over 8,500 consumers of Paisabazaar.com between the age of 24 to 57 years from over 35 cities with a debt of Rs 1 lakh or more took part in this survey – ‘Dealing with Debt: How India plans to pay EMIs’.
