Couple found dead at house, kin alleges threat from bank
Police identified the deceased as Satheeshan, 55, of Keshava Bhavan near Kochu Kattanvila at Thamalam and Bindu V, 49. Bindu's body was found hanging in the bedroom and Satheeshan's body was lying on the floor.
"Only after a postmortem can we confirm whether it was suicide or whether there was any foul play. The cause of Satheeshan's death has also not been confirmed. There was some bleeding from his body," said police.
The relatives of the deceased alleged that the bank cheated the deceased by charging an enormous amount as interest on the loan taken.
According to relatives, Satheeshan took a loan of Rs 60 lakh about seven years ago. He suffered a stroke in 2021. Following this, he could not repay the loan amount. "Two years ago, the bank offered him some money as a top-up of the existing loan. However, he received no money, and the bank asked him to pay Rs 1.10 crore to avoid revenue recovery.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Is USDJPY on the Upward Move?
IC Markets
Sign Up
Undo
In April, the bank staff members had reached the house to seal the property, but due to the resistance by local people, they did not proceed with it.
The bank later directed him to pay back Rs 2 crore. Following that, he filed a case against the bank demanding a reassessment of the way the repayment amount was calculated and also for threatening him on the phone continuously," said Binu T, brother of Bindu.
Binu also said the family was planning to sell the house to repay the loan, but by projecting a huge amount, the bank ruined their plans to clear the dues.
Locals recently protested in front of the bank demanding justice by waiving off some part of the interest. But the bank was not willing to do so, alleged Binu.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
25 minutes ago
- Time of India
Over 90% of border habitations in NE get mobile network: Centre
1 2 Guwahati: Among the 5,200 villages and habitations situated in the northeastern border regions, 4,696 now have access to mobile network, the Centre informed the Lok Sabha on Wednesday. This accounts for mobile connectivity achieved in over 90 per cent of the remote border villages and habitations of the northeast. Replying to a question by Lok Sabha MP Indra Hang Subba, Union minister of state for communications and rural development Pemmasani Chandra Sekhar told the House that all 1,237 border villages and habitations in Assam have achieved complete mobile connectivity. In Sikkim, too, all 68 border villages and habitations have come under mobile network. However, Arunachal Pradesh, characterised by its challenging topography, continues to face connectivity issues, with 337 out of 1,502 border villages and habitations still without mobile coverage. The govt allocated Rs 1,775.53 crore through various Digital Bharat Nidhi (DBN) schemes between FY 2020-21 and FY 2024-25 to enhance mobile network infrastructure in the remote northeastern areas. The minister replied that mobile coverage for any uncovered inhabited villages is provided by the Telecom Service Providers (TSPs) based on techno-commercial viability. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Beyond Text Generation: An AI Tool That Helps You Write Better Grammarly Install Now Undo "The Centre, through funding from Digital Bharat Nidhi, is implementing various schemes for the expansion of telecom connectivity through the installation of mobile towers in the rural, remote, and border areas of the country," Sekhar said. Regarding Sikkim particularly, he said as of June, 11 sites were commissioned in Sikkim under DBN-funded mobile schemes, providing mobile coverage to 13 villages, including border areas. Statistics revealed that Arunachal Pradesh has the highest number of border villages and habitations (1,502), of which 1,165 have got mobile coverage. Meghalaya has the second highest number of border villages and habitations (1,272), of which 1,238 have mobile coverage. While 365 of Mizoram's 378 border villages and habitations got mobile coverage, the minister said, adding 194 of Manipur's 263 border villages and habitations got mobile coverage so far. In Nagaland, 96 out of 135, in Sikkim, all 68, and in Tripura, 333 of the 345 border villages and habitations have mobile coverage.
Time of India
25 minutes ago
- Time of India
Garbage left to rot as sanitation workers don't turn up for duty fearing crackdown in Gurgaon
Gurgaon: As police began detaining suspected illegal immigrants, especially those from the Bengali-speaking minority community, several neighbourhoods in the city are struggling with mounting garbage and deteriorating sanitation conditions. Residents say that garbage collection has come to a near halt in many sectors and colonies, with sanitation workers failing to turn up for duty since the crackdown began. With nowhere else to dispose it of, some are resorting to dumping garbage in open spaces, further adding to the civic mess. Rajkumar Yadav, RWA president of Sector 46, said, "This has become a full sanitation crisis. Garbage wasn't picked up from our households for over a week. It's rotting in the heat, and the stench is spreading to nearby homes. Some are even dumping waste in open plots. MCG has not provided any backup plan." You Can Also Check: Gurgaon AQI | Weather in Gurgaon | Bank Holidays in Gurgaon | Public Holidays in Gurgaon Across several parts of the city — including Sectors 9A, 10, 37D, 46, and arterial stretches like Southern Peripheral Road — mounds of garbage now lie swarming with flies, stray dogs, and cattle. Suraj Bhola, general secretary of the Sector 9A RWA, echoed the concern, saying the situation was spiralling out of control. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like $30K Goes a Long Way in This Clementi Condo squarerooms Read More Undo "We are fed up with the MCG functioning. They give contracts to firms that don't even have sufficient vehicles or manpower to collect the waste regularly. Even the private vendor has now suddenly disappeared. Many of the workers haven't shown up since the police started detaining people," he said. Meanwhile, MCG officials confirmed that waste collection has slowed down in several zones and attributed the disruption to crunch in manpower. "We are aware of the shortfall and have asked the agencies to engage backup staff and hire locals where possible. As of now, 100 vehicles have been deployed for door-to-door collection," said a senior official of MCG. One contractor, speaking on condition of anonymity, said, "Nearly 60-65% of our workforce are Bengali-speaking Muslims. After the raids began, there was panic. Some were beaten by police; others heard rumours and just left. Now they have gone to nearby districts or back to their villages. Replacing them with local workers is proving very difficult — the scale is too big and few are willing to take up waste collection. " In Suncity, residents say garbage was not collected for ten days. "It's becoming unbearable. We've been keeping garbage inside our homes. There has been no communication from the civic body on when normal service will resume," said VMK Singh, a long-time resident of the township. Despite assurances that the crackdown is focused only on undocumented foreign nationals, many workers feel unsafe. "I have Aadhaar, voter ID, everything. But I heard that people with documents were still picked up and kept for days. I don't want to take that risk," said Azirur Rehman, who works as a waste collector and lives in Islampur. However, some RWAs say they've been left to manage the crisis on their own. At Ardee City in Sector 52, the RWA moved quickly to fill the gap after all 12 of its waste collectors left the city. "We coordinated with the same private vendor and managed to deploy four local workers and a garbage pickup truck," said Chaitali Mandhotra, an RWA member. "We created an alert system using WhatsApp lane groups and a PA system. As soon as the truck reaches a lane, residents are notified to hand over their garbage bags. This has helped us maintain cleanliness and avoid pile-ups." Similarly, DLF City facility management has rolled out a set of temporary interventions to ensure continuity of services. To deal with the shortfall, the management has introduced mobile central collection points (MCCPs) — tractor trolleys stationed at fixed locations like parks and gates within each block. Dhruv Bansal, residents representative, DLF City Residents Groups said, "The sanitation collapse in DLF City is not just a civic failure—it's the result of poorly executed verification drives that led to the abrupt removal of experienced Bengali sanitation workers. These workers formed the backbone of our daily waste management system. Their sudden exit, without trained replacements, has triggered a garbage emergency across DLF phases. Residents are now dealing with overflowing waste, foul stench, and a serious public health threat. We demand immediate restoration of proper staffing and long-term planning from authorities."
Time of India
25 minutes ago
- Time of India
Ahmedabad startup's 400cr global exit breaks new ground
Ahmedabad: A bootstrapped startup from the city has just made global waves. SocialPilot, a social media management platform used by over 13,000 businesses worldwide, has been acquired by Sweden-based tech firm for over $50 million (more than Rs 400 crore), according to industry sources. Tired of too many ads? go ad free now The co-founders, Jimit Bagadiya and Tejas Mehta, confirmed the acquisition, though the deal size remains officially undisclosed. The acquisition is being described by tech industry insiders as "one of the biggest exits by a bootstrapped startup in India" and "a landmark moment for Gujarat's IT sector", which has largely remained behind metros like Bengaluru and Pune in high-value acquisitions. Started in 2014 with no outside investment, SocialPilot has grown steadily over the past decade into one of India's most successful self-funded tech ventures. which serves more than 2 million small and medium-sized businesses across 15 countries, said the acquisition will help deepen its reach in the social media marketing space. For Bagadiya and Mehta, the decision to sell was driven by a vision to scale. "We decided to sell our entire stake to said Bagadiya, CEO. "My partner is based in the US, and after running SocialPilot for over a decade, we reached a stage where the business was profitable, growing steadily, and operating at scale. But we also recognised that to unlock the next phase — expanding into new markets, deepening the product, and accelerating distribution — we needed stronger leverage, either through funding or a strategic partnership. " Interestingly, the tool was originally built for e-commerce sellers struggling to promote products on social media. "While working on e-commerce projects for clients in the US and Europe, we recognised that e-commerce sellers were unable to promote their products effectively on social media. Tired of too many ads? go ad free now So, we built SocialPilot. Which over time evolved into a full-fledged platform for marketing agencies and SMBs, helping manage, schedule, and analyse posts across platforms," he said. Box: Co-founder rose from modest background Ahmedabad: Behind this success is a story of quiet persistence and modest beginnings. Jimit Bagadiya grew up in Limbdi, a small town in Gujarat's Surendranagar district. His father ran a tiny kirana shop and his mother sold papad and khakhra from home with help from his sisters. Bagadiya moved to Ahmedabad in Class 7. "I began living in a Jain hostel. Although the original fee was Rs 10,000 per year, concessions brought it down to Rs 2,500, a sum my family worked hard to cover. I completed my BCA and started my first job in 2004 for a montly salary of Rs 4,000," said Bagadiya, who then constantly worked on developing different skills and set up SocialPilot in 2014.
