New Delhi: A consumer court has fined Rs 55 lakh on ICICI Bank for violating its directions to recover loans.

The recovery agents hired by bank beat up the client, Vinod and forcibly took away his car after his failure to pay few installments.

The agents hit vinod with iron rods and left bleeding on road with serious skull wounds.

Delhi state consumer commission president, Justice J.D. Kapoor, said, “No civilized society governed by rule of law can brook such kind of conduct.”

Kapoor directed the bank to pay Vinod Rs 5 lakh for “his mental agony, severe physical injuries, public humiliation and medical expenses.”

Another 50 lakh “punitive damages” will be deposited with consumer commission welfare fund.

Reserve Bank has already said that it might impose a temporary or even a “permanent ban” on banks knocked by high courts or the Supreme Court over “abusive practices followed by their recovery agents.”

Supreme Court had also told banks not to hire goons for recovery of loans.