Hyderabad: A man ends his life by committing suicide here in Bowenpally due to his loans pressure.
According to police, M Narasimha (35), a native of Wanaparty, came to the city few years ago along with his wife and two children and was staying at a rented house in Old Bowenpally. He was running a coconut business. Narasimha borrowed a loan of Rs 5 lakh from a private bank in Gadwal to renovate his house in his village and also to develop his business. However, due to his meager earnings, he failed to pay the EMIs on time.
Recently, the bank officials came to his house in his village and also his shop in Hyderabad and warned of seizing them. Upset over it, he hanged himself to death in the house on Friday. Police filed a case for further investigation.
