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ETHICS: Is it right to blame the bank for farmer’s death? Is it right on bank’s part to name and shame defaulters as a strategy to recover loan when nothing works in its favour? Critically comment. (150 Words)

Topic:Dimensions of ethics; Ethical concerns

8) A bank publishes loan defaulters’ list in a local daily to name and shame farmers who have failed to settle the loan amount. A farmer whose photo is also published, unable to digest this shame, commits suicide.

Is it right to blame the bank for farmer’s death? Is it right on bank’s part to name and shame defaulters as a strategy to recover loan when nothing works in its favour? Critically comment. (150 Words)

The Hindu