DCC banks warned against notices to families of COVID-19 victims
The Hindu
Minister for Cooperation S.T. Somashekar on Tuesday warned District Central Cooperative (DCC) banks in the State against serving notices to families of debtors, who had died of COVID-19.Making it clea
Minister for Cooperation S.T. Somashekar on Tuesday warned District Central Cooperative (DCC) banks in the State against serving notices to families of debtors, who had died of COVID-19.
Making it clear that the government had decided to waive the loans outstanding in DCC banks of COVID victims, he said the government will take action against officials of the DCC banks if they were found to be serving notices to families of such persons.
When his attention was drawn to a reported incident in Davangere, Mr. Somashekar said he had spoken to the officials of the DCC bank in Davangere and they had denied issuing notices for recovery.
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