Bharat Financial Inclusion controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2010
Andhra Pradesh borrower-suicide and collection-practices crisis
Reports of nearly 200 borrower suicides involving several microfinance institutions, including SKS, led to an Andhra Pradesh government inquiry. Later investigations and reporting examined alleged pressure by loan agents, aggressive collection practices, large or multiple loans, and the relationship between SKS personnel and several creditor suicides. The controversy severely affected the company's reputation and operations in the state.