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Financial institutions’ aggressive debt recovery tactics can cause devastating psychological impacts, sometimes leading to tragic outcomes. This blog delves into the link between financial harassment and mental health crises, discussing banks' legal responsibilities, case studies, and preventive measures to protect borrowers and support families impacted by financial stress-related tragedies.

In India, debt recovery is a complex procedure involving various players and methods. Banks, financial institutions, and private creditors have the right to pursue unpaid debts, often employing specialized agencies or in-house teams. These entities use a range of tactics, from gentle reminders to more assertive measures, but all methods must remain within legal bounds.

In today's digital age, cyber harassment has become a widespread issue, with scammers exploiting social media platforms to prey on unsuspecting individuals. This blog highlights a personal experience of online blackmail, where a seemingly innocent video call spiraled into threats and extortion.

Understanding the concept of harassment sharpens your awareness of your rights, especially when dealing with aggressive recovery agents.