RBI's stick is ineffective: loan installments are missed, leading to bullying; threats have increased fourfold in 3 years.

RBI's stick is ineffective: When loan installments are missed, bullying begins; threats increase 4 times in 3 years - Bhopal News. In 3 years, there have been 342 complaints, but strict instructions resulted in 351 new cases being registered in just 9 months. In Madhya Pradesh, extortion agents unleashed their goondaism: people took loans, defaulted on installments, and then started receiving threatening phone calls, knocking at doors day and night, and engaging in verbal abuse. This pain of millions of borrowers in Madhya Pradesh is now not just verbal anymore, but also a government issue.