co-operative jewellery loans in tamil tadu have been suspended without further notice

Currently, the curfew of the corona continues across the country, in this situation the poor people and farmers have been making

Tamil Nadu: A statement issued by the Co-operative Bank Employees 'Federation (CBEF) said that the Co-operative Banks' Order has been issued to suspend the jewellery loans given to the poor in Tamil Nadu by the Co-operative Banks and he has condemned the matter.

Issuing the order

The Co-operative Bank Employees' Federation in Tamil Nadu also reported that the Joint Registrar of Co-operative Societies Act and Training from the Registrar of Co-operative Societies in Tamil Nadu has sent a message to the Internet Registrar in all District Zones.

In the message, the State Chief Co-operative Bank in Tamil Nadu and 23 Central Co-operative Banks, 128 City Co-operative Banks and 4250 Primary Agricultural Co-operative Societies have issued orders to stop the issuance of jewellery loans at present. Co-operative jewellery loans in Tamil Nadu have been suspended without further notice.

Detailed information

Currently, the curfew of the corona continues across the country, in this situation the poor people and farmers have been making a living by mortgaging their jewellery.

Community activists are currently commenting that it would not be right to suspend jewellery lending in this context and the bank manager is confused as to what to say to customers. It is noteworthy that the detailed information on when the loan will be given again is not mentioned.