The staff in cooperative banks and primary agricultural cooperative societies laid a siege to the Collectorate demanding permission to collect banned currency notes here on Thursday.
They stated that the denial of permission to exchange Rs.500 and Rs.1,000 currency notes at PACS and coop banks had paralysed its activities. They have been struggling to distribute jewel loan, crop loan and other loans owing to shortage of funds. With no currency, we had to close the PACS, they pointed out.
Similar demonstration was held in Theni also.
