Mysuru, June 22 -- Instances of harassment by microfinance companies continue to be a growing concern in the Mysuru region, despite the Karnataka Government enacting stringent laws to curb coercive loan recovery tactics and imposing strict penalties on violators.

An FIR has been registered against Ajith, Manager of Bajaj Microfinance in T. Narasipur, for allegedly abducting minors from a village in Malavalli taluk, Mandya district, in an attempt to recover dues.

The complaint was lodged by Naveen, a resident of Jalahalli village in T. Narasipur taluk, at the Belakavadi Police Station in Malavalli, Mandya district.

According to Naveen, his mother, Mangalamma, had taken a loan of Rs. 40,000 from Bajaj Microfinance in 2024, with monthly p...