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EN
Poor crop loan distribution by banks irks Collector
['The Hans India']
Andhra Pradesh Breaking News, Telangana News, Hyderabad News Updates, National News, Breaking News
Addressing a review meeting on Saturday, the Collector, along with Bhadrachalam Sub-Collector Mrinal Shreshta, interacted with district-level bank officials and government department heads.
He expressed concern over the poor performance of certain banks, particularly Telangana Grameena Bank and the State Bank of India, in crop loan distribution.
The Collector sought explanations from the respective banks regarding the shortfall.
The Collector stated that out of the targeted Rs 2,291 crore for crop loans this financial year, only Rs 409.55 crore had been disbursed till the end of September.
Similarly, of the Rs 1,416.09 crore target set for agriculture term loans, only Rs 342.31 crore had been released so far.
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