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Our Correspondent

Madurai, July 28

The annual credit plan for Virudhunagar district envisages a credit outlay of Rs 1,191.53 crore for 2008-09.

The plan has allocated Rs 425.47 crore for farm and farm-related activities and Rs 521.66 crore for non-farm loans and Rs 244.40 crore for the service sector.

According to District Collector, Mr V. Chandrasekaran, the outlay would be made up of Rs 902.73 crore from commercial banks, Rs 183.33 crore from regional banks and Rs 105.47 crore from co-operative banks.

A total of Rs 53.70 lakh has been provided towards the revolving fund assistance to 537 self-help groups under the Golden Jubilee Rural Employment Scheme, he added.

He urged the bankers to disburse educational loan without any delay to eligible students pursuing higher education, in a performance review meeting of bankers held at Virudhunagar.

More Stories on : Credit Market | Tamil Nadu

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