Drought: Mandya DC directs financial institutions to stop forcible loan recovery

Deputy Commissioner of Mandya district Kumar has issued directions to banks and financial institutions against forcible recovery of loans from farmers and the general public in view of the prevailing drought.

With all seven taluks of Mandya district declared drought-hit during the 2026 monsoon season, Mr. Kumar, in a statement here on Monday, said farmers, agricultural labourers, small traders and members of the public in the district are facing severe financial distress.

While Maddur and Pandavapura taluks have been declared moderately drought-affected, the remaining five taluks of Mandya district have been declared severely drought-affected.

“In this situation, complaints have been received from the public that some banks, microfinance institutions (MFIs) and housing finance institutions are exerting pressure on borrowers to pay loan instalments and are resorting to forcible recovery measures,” he said.