Bengaluru, March 13 -- In separate incidents, a 50-year-old woman in Hassan district and a 35-year-old farmer in Dharwad district allegedly died by suicide reportedly due to pressure from financial institutions and private moneylenders, police said on Wednesday.
In the first incident, the woman was allegedly being harassed by microfinance staff over pending loan repayments.
Alur police inspector B Janabai said: "The woman had taken a loan of Rs.2 lakh from two private microfinance companies and had been repaying weekly installments of Rs.2,400. However, after missing a payment last week, she reportedly panicked at the prospect of facing verbal abuse from loan recovery agents, he said.
"The woman died at around 10 am on Tuesday. Accordi...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.