The Kerala State Fishermen Debt Relief Commission (KSFDRC) will probe fishermens complaint that some banks are denying debt relief to them using questionable methods.
KSFDRC Chairman P.S. Gopinathan, who was in the city for an adalat, said the banks were found adopting a renewal tactic, hoping it would help them surpass the commissions order for debt relief. Even if renewal or closure was done by a fishermen, responding to the banks frequent demands and persuasion, he is eligible for debt relief with retrospective effect, he added.
Mr. Gopinathan said some banks had been adopting renewal strategy with a misconception that it was enough to cancel all previous agreements between lenders and borrowers. Some even pretend to be ignorant of th…
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