Collector M. Veerabrahmaiah has informed farmers to repay loans in time and avail the government’s interest waiver facility.
At a meeting with bankers on Thursday, the Collector said that Rs. 898 crore was paid as crop loans last year. However, reports of forcible collection of interest from them were pouring in. He advised bankers to adhere to government’s guidelines. He asked managers of APGVB, SBI, DCCB, and Andhra Bank to release a circular to this effect. District Lead Bank Manager Ravindranath Reddy, NABARD AGM Srinivas and others were present.