Facing discrimination in exchange of defunct notes and supply of new currencies following nullification of high value currencies, a body representing urban cooperative banks of Pune staged a demonstration and submitted a charter of demands to Collector, says Press Trust of India.
One of the main demands of demonstrators included ensuring adequate supply of new currency notes to the urban co-operative banks hit hard in the wake of demonetization.
The Pune District Urban Cooperative Banks Association threatened to shut down these banks in the city if the demands are not met.
“There are over 50 lakh account holders with urban cooperative banks in the district and they are the ones who are getting adversely affected by the decision,” says a release issued by the DCBs body.
Maharashtra accounts for about a third of the 1,575 UCBs operating in the country.
