Loan Sharks in Bengaluru: A Glimpse into the Dark Side of India's Informal Credit Market The recent case of Fathima, a Bengaluru woman who was abducted, assaulted, and stripped by four individuals over a loan dispute, highlights the dangers that lurk in India's informal credit market.
On its surface, this appears to be a horrific crime committed by thugs who preyed on someone vulnerable.
However, beneath the surface lies a complex web of relationships and power dynamics that reveal the ugly underbelly of an often unsung issue: loan sharks.