Bank seeks ₹22 crore from state as interest for delayed repayment
Hindustan Times Thane|December 14, 2024
MUMBAI: The Maharashtra State Cooperative Central Bank (MSCCB) and the state government are at loggerheads over the outstanding amount of interest on loans given to sugar mills under the control of politicians, for which the government had stood as guarantor.
Surendra P Gangan

The MSCCB has moved the Supreme Court for recovery of ₹22 crore as outstanding interest while the state government has disputed the amount and has appointed a committee to study the matter.

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