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Chased for Rs 30K loan he never took; commission orders CIBIL fix, Rs 35K relief

In a recent ruling, a consumer commission addressed the distressing case of a man wrongly pursued by CapFloat Financial Services and Karur Vysya Bank for a loan he never authorized. Despite his lack of application, he faced persistent demands for repayment. After legal action and police involvement, the commission…

Reported by The Times of India. We will add other newspapers as they cover it.

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  1. The Times of IndiaIndia

    Chased for Rs 30K loan he never took; commission orders CIBIL fix, Rs 35K relief

    In a recent ruling, a consumer commission addressed the distressing case of a man wrongly pursued by CapFloat Financial Services and Karur Vysya Bank for a loan he never authorized. Despite his lack of application, he faced persistent demands for repayment. After legal action and police involvement, the commission…

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