Officials say loan was denied in view of advanced age of customer.
The manager of the Indian Overseas Bank (IOB) branch at Jayamkondam was transferred to its regional office in Tiruchi on Monday, following an allegation by a retired senior civil surgeon that the former refused to entertain his loan application as he couldn’t speak Hindi. The incident triggered strong reactions from leaders of political parties in Tamil Nadu, who condemned the alleged actions of the manager Vishal Kamble.
However, the bank authorities claimed that the loan application was rejected in view of the advanced age of the customer.
According to sources, Dr. C. Balasubramanian, 76, had approached Mr. Kamble a few days ago, seeking a loan for building a shopping complex near the bus stand in Jayamkondam. He had submitted the requisite documents.
Dr. Balasubramanian, who said he was a long-standing…