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Police to crack down on money lenders for excessive Interest Charges

Police to crack down on money lenders for excessive Interest Charges

Monday, March 13, 2017, 3:41 PM

With money-lenders in the city charging borrowers exorbitant amounts of interest due to the shortage of liquid cash and restrictions of bank account withdrawals post demonetization, the south zone police are all set to crack the whip against them from coming week. Most of the lenders operating in the city are doing so without any license contrary to the law.
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