In a major crackdown on loan sharks, Gujarat Police arrested over 300 moneylenders last week across the state for lending money at exorbitant interest rates, The Indian Express reported.
According to a govt press release, police booked over 750 loan sharks after the state govt launched a 'mega-drive' against lenders and held 939 ‘Lok Darbars’ to hear out victims, since January 5.
Four accused have been booked under the Prevention of Anti-Social Activities Act, and of these, two accused from Vadodara, have been jailed in Rajkot and Bhuj.