Allow banks to hold passports of loan-takers, Madras HC suggests

http://bit.ly/2SzdpPS The Madras high court has suggested the central government to bring in appropriate amendments in the Passport Rules, so that banks and financial institutions can demand surrender of passports from those availing loans and prevent defaulters from fleeing the country.

https://ift.tt/eA8V8J from Times of India http://bit.ly/2SzdpPS