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Madurai, Nov. 30

The Indian Overseas Bank (Madurai Region), disbursed under differential rate of interest (DRI) scheme for weaker sections, a sum of Rs 20.85 lakh in a function held on Friday. The bank signed a MoU with the Development Promotion Group (Chennai) for the identification of the beneficiaries and extended the loan to 180 beneficiaries covering various activities such as keeping petty shops, vegetable/fruit vendors, idly shops, and tailoring. —

Our Correspondent

More Stories on : Public Sector Banks | Credit Market | Tamil Nadu

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