TN: Farmer seeks help from bank after rats destroy currency notes worth Rs 50,000

Image
ANI General News
Last Updated : Oct 21 2019 | 10:45 PM IST

A farmer here claimed that rats have nibbled on his currency notes worth Rs 50,000, which were kept in a bag inside his hut at Velliangadu village of Coimbatore district.

Ranagaraj, a 56-year-old Banana farmer was shocked to learn that his farm earning was allegedly damaged by rats inside his hut.

"It was my earning after selling all my banana harvest. I approached the local bank to exchange the notes, but the bank officials refused. I had kept the currency notes in a cotton bag," said Ranagaraj.

"Two days later when I opened my bag I was shocked to see that all the currency notes of Rs 2,000 and Rs 500 were damaged by the rats," he added.

The disappointed farmer has urged the bank to exchange the damaged currency as the Reserve Bank of India (RBI) had earlier instructed the banks to exchange soiled and damaged currency notes.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 21 2019 | 10:33 PM IST

Next Story