www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrology TendersClassifieds Reader Comments Hotels
Sign In / Register | Archive
Expressindia » Story

Farmers protest receiving loan recovery notices despite clearing dues

Font Size

D N DIVAKAR

Posted: Jan 17, 2009 at 0048 hrs IST

Ambala Hundreds of farmers who had taken loans from HDFC Bank and had cleared their dues were agitated on receiving notices from the bank for not repaying these loans.

These farmers today held a demonstration with their clearance certificates and receipts, alleging that the bank officials had been harassing them for the dues already cleared by them.

They said that they had been meeting the concerned officials of the bank to show them that they had already repaid the loans with the interest amount.

It is learnt that nearly 800 farmers had opened their accounts in Centurian Bank of Punjab (CBoP), now merged with HDFC. The accounts were opened at a couple of branches at Jagraon and one branch at Ambala Cantonment. CBoP advanced loans worth crores of rupees to them. In the meanwhile, CBoP merged with HDFC bank.

The loans advanced to the farmers stood unrecovered in the records that CBoP handed over to HDFC.

Hence, HDFC Bank started issuing notices to the farmers, giving them dates to clear the dues. Farmers were threatened with legal action if they didn’t clear the payments.

They alleged that the Field Officer incharge of the section, Darshan Tayagi, had gone underground for the last many days, since they started receiving the notices. They alleged that he was responsible for manipulations in the records, due to which they were being victimised.

The farmers became violent when they found that entire staff had fled from the bank premises, and there was no one to address their grievances. However, the bank officials reappeared when the police team headed by SHO Dharamvir reached the bank.

The SHO said that a case would be registered if someone gave a written complaint in this regard. The SHO added that neither the farmers nor the bank had made any complaint to the police so far.The audit team members said that they were unable to make any comment unless they had completed the records.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

1984 riot victims burn Sonia effigy

Uma's entry in poll fray to increase infighting in BJP, says Digvijay

Punjab bets: Congress most likely, but just ahead on seats

UP polls: The choice, and why it may hurt

Grand Mufti bans pastor from Valley

Man sends talaqnama by post to wife, court says no

20-year-old woman raped in Dwarka

More
© 2011 The Indian Express Limited. All rights reserved
Advertise With Us | Privacy Policy | Feedback | Express Group | Site Map