MPs belonging to Shiv Sena called on Prime Minister Narendra Modi and urged him that co-operative banks, district central co-operative banks (DCCBs) and credit co-operative societies be allowed to exchange the demonetised notes, reports PTI.
Thirteen Sena MPs met Modi in the national capital and submitted a memorandum to him stating that the decision to bar co-operative banks, DCCBs from exchanging and accepting demonetised notes has put rural populace and farmers in a tight spot.
They have also been barred from taking old currency as deposits or payment against existing loans,” the memorandum said.
This directive has brought to a grinding halt the daily activities of farmers and rural citizens, who have deposited all their earnings in these co-operative financial institutions, they argued.