Friday, January 24, 2025

Allow banks to hold passports of loan-takers, Madras HC suggests

Monday, December 31, 2018, 13:40
This news item was posted in Buzz category and has 0 Comments so far.

The Madras high court has suggested the central government to bring in appropriate amendments in the Passport Rules, so that banks and financial institutions can demand surrender of passports from those availing loans and prevent defaulters from fleeing the country.

You can leave a response, or trackback from your own site.

Leave a Reply