Mysore/Mysuru: With rising cases of unscrupulous persons submitting fake documents to avail loans or to buy or sell of properties, being reported of late, Co-operation Department officials have asked Co-operative Societies to double check the authenticity of documents before advancing loans. Speaking after inaugurating a ‘Subject-based training workshop’ for CEOs and Managers of Co-operative Societies…
Pawn Brokers warned against collecting exorbitant interest
February 18, 2021Mysore/Mysuru: The Co-operation Department has warned that legal action will be initiated against non-Banking financial institutions and pawn brokers if they are found charging the customers more interest than permitted. In a Press release, G.R. Vijayakumar, Deputy Registrar of Co-operative Societies, said that the Department has been receiving complaints about non-Banking financial institutions and Pawn…
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