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Tamil Nadu suspends cooperative loan collection temporarily

Original: கூட்டுறவு

The Tamil Nadu government has ordered a temporary halt to loan recovery through cooperative societies, warning of action against those who harass borrowers despite the order. Reports say the move is aimed at giving relief to debtors, and the decision is drawing attention across the state's cooperative banking network.

Why now: The Tamil Nadu government's sudden order suspending cooperative loan recovery affects many borrowers and is making news across the state.

Tamil Nadu governmentcooperative banksThanthi TV

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• Loan | தமிழக அரசின் அதிரடி மூவ் - கடன் வசூல் தற்காலிக நிறுத்தம்.. மீறி தொல்லை செய்தால்.. · Thanthi TV

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