NEWS & ADVICE : PERSONAL LOAN
Alia fit farmers to get fresh loans, previous ones to be restructured
By Vaibhav Aggarwal
Jun 15, 2009
Print    Email    RSS   

In a state-level meeting of the higher bankers, the banks collectively decided to restructure the agri-loans of the borrowers in the cyclone hit districts of North and South 24-Parganas.

Under the package, the banks would provide financial assistance to the affected farmers by extending the loan repayment period and moratorium. The scheme would also cover small artisans, self-employed persons, besides the micro and small-scale units.

The State Level Bankers' Committee (SLBC), held under the aegis of United Bank also decided to offer fresh lendings to the farmers. These include loans for fresh crops and term loans for purchasing agri-equipments, land reclamation & treatment and other allied farming activities. The size of the package however, remains undecided.

The meeting was attended by the senior officials of RBI, NABARD, SIDBI and other commercial banks.

On Sunday, 25th May, 2009, the cyclone ‘Aila' hit Bengal region, about 350 km southeast of Sagar, disrupting life and causing heavy property damages.

 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Know about Form 16
Manage your loans, avoid recovery agents
Getting the best rates on your personal...
An Insight into Lending Rate Changes
Loan against Securities: A viable...


+27638167664?>) Abortion Pills For Sale 50% Off In...
RANDBURG ][••• +27737230265•••][* Legit...
Call //whtp +2773/72/30/265 abortion clinic in Abu...
HOTEL: CaℒL Giℛℒs In Kharar 09855660911...
Model Escoℛts Service In Pune 8888IOO484 Caℓℓ...
What is the outstanding Amount for my personal loan

NEWS THIS WEEK
LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive