Loans sanctioned at outreach programme
The Hindu
A total of 5,997 beneficiaries to receive loans amounting to ₹ 315.83 crore
The mega customer outreach programme organised by various banks in Tiruppur district sanctioned loans amounting to ₹ 315.83 crore to 5,997 beneficiaries here on Wednesday.
A release said that Minister for Information and Publicity M.P. Saminathan inaugurated the outreach programme that was organised by the District Level Bankers Group at a private hall on Kangeyam Road.
Mr. Saminathan said the loan target for the banks in the district for the financial year 2021-22 was set at ₹ 14,315 crore. Out of this, the target for micro, small and medium enterprises was ₹ 7,733.88 crore and for exports ₹ 562.5. Noting that around 361 banks were operational in Tiruppur district, he commended the banks that exceeded the loan targets, the release said.