Business Daily from THE HINDU group of publications
Thursday, Jun 12, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Thursday, Jun 12, 2008 ePaper | Mobile/PDA Version | Audio |
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Money & Banking
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Farm credit IOB chief monitors waiver scheme Chennai, June 11 As many as 253 small and marginal farmers received relief as the Indian Overseas Bank waived agricultural loans worth Rs 34.78 lakh due from them under the Union Government's loan waiver scheme. The bank's Chairman and Managing Director, Mr S. A. Bhat, distributed "waiver certificates" and sanction letters for fresh loans to the farmers at the Manampathy village, about 75 km from Chennai, on Saturday. Mr Bhat also visited the Mahabalipuram branch and issued waiver certificates to another 253 farmers, waiving loans worth Rs 37.98 lakh, according to a press release from IOB. - Our Bureau More Stories on : Farm credit
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