NDC bank seeks farmers’ outstanding dues data

The Nashik District Central Cooperative Bank (NDCC Bank) has asked primary agriculture societies (Pacs) across villages in the rural areas of Nashik to provide data on the number of farmers defaulting on their loan payments, the total outstanding dues, and the simple interest rate calculated at 6 and 8. The bank has charged compounding interest against all the defaulters.

from Pune News, Latest Pune News Headlines & Live Updates - Times of India https://timesofindia.indiatimes.com/city/nashik/nashik-dist-co-op-bank-seeks-farmers-outstanding-dues-data/articleshow/97157607.cms

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