Tag: pawn brokers

Pawn Brokers warned against collecting exorbitant interest

Pawn Brokers warned against collecting exorbitant interest

February 18, 2021

Mysore/Mysuru: The Co-operation Department has warned that legal action will be initiated against non-Banking financial institutions and pawn brokers if they are found charging the customers more interest  than permitted. In a Press release, G.R. Vijayakumar, Deputy Registrar of Co-operative Societies, said that the Department has been receiving complaints about non-Banking financial institutions and Pawn…


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