The reason given was that I had allegedly failed to make my mortgage payments. This claim is completely false. I have never missed a mortgage payment, and I am not behind on my payments.

Karnataka CM orders crackdown on illegal microfinance institutions exploiting the poor with high interest rates, ensuring ...

along with SPs, and instruct them to follow RBI guidelines for loan recovery. If they fail to do so, cases can be registered against erring micro financiers, he warned. In several cases ...