Mentioning about a Government Order (GO) which has asked banks not to adjust crop insurance, compensation, pension, financial assistance from social welfare against farm loans of farmers, Deputy Commissioner Divya Prabhu G.R.J. has warned that in case of violation, legal action will be taken against such banks.
In a press release issued here on Thursday, Ms. Prabhu has pointed out that there have been reports of a few banks in Kundgol and Navalgund taluks of Dharwad district adjusting the compensation amount against the loans of farmers.
“If these banks continue to violate the Government Order, the administration will be forced to take legal action against them,” she warned.
