Mysore/Mysuru: Following a complaint lodged by farmer leaders on Sept. 6 alleging that Banks were violating RBI guidelines and were harassing farmers who had taken loans, Deputy Commissioner (DC) Dr. Bagadi Gautham chaired a meeting of farmer leaders and Bank representatives at his Office here yesterday.
Sugarcane Growers Association President Kurubur Shanthakumar, explaining the harassment being meted out by farmers told the DC that as per RBI guidelines, Banks were not supposed to ask for surety from farmers who seek loan for Rs. 2 lakh, but a few Banks were demanding surety for the same and even to give Rs. 10,000 loan.
