ALSO READTourism activities exempted from Kerala shutdown against demonetisation Demonetisation: SC to hear fresh pleas with others on Dec 2 Kerala to move SC against RBI's decision on Cooperative Banks LDF to observe shutdown against demonetisation Akhilesh meets PM, presses for more funds to cooperative banks
The decision in this regard was taken at a Cabinet meeting to ease difficulties being faced by people following demonetisation of Rs 1,000 and Rs 500 notes. The moratorium will continue till March 31, 2017, a government release said. Cooperation minister Kadakampally Surendran told reporters after the meeting that no action will be taken against loan defaulters during the period.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)