BoB Chennai Zone sanctions ₹134 cr. agri-loans in T.N. in 15 days
The Hindu
CHENNAI
Bank of Baroda (BoB) Chennai Zone has sanctioned ₹134 crore of agriculture loans to about 20,000 farmers in Tamil Nadu in 15 days.
As part of the fifth edition of ‘Baroda Kisan Pakhwada’, a nationwide annual farmer outreach programme, BoB organised farmers meets, choupals, soil testing camps, animal health check-ups and financial literacy programmes from November 15 to 30 and reached out to 20,000 farmers across Tamil Nadu with agri-related loan products, the lender said in a statement.
As of September 22, BoB has 314 branches in Chennai of which 161 are semi-urban/rural branches. Advances to the agriculture sector in Tamil Nadu had grown to more than ₹7,800 crore.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












