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Collector directs banks to reschedule farmers’ loans
In Short
Chairing a District-Level Bankers’ Coordination Committee (DCC/DLRC) meeting on Thursday, the Collector reviewed the Annual Credit Plan and agricultural lending progress.
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Collector directs banks to reschedule farmers’ loans
Suryapet: District Collector Tejas Nandalal Pawar has directed bankers to reschedule farmers’ loans in drought-affected areas as per guidelines and ensure timely credit facilities to farmers affected by deficient rainfall due to El Nino. Chairing a District-Level Bankers’ Coordination Committee (DCC/DLRC) meeting on Thursday, the Collector reviewed the Annual Credit Plan and agricultural lending progress.
Against the annual agricultural loan target of Rs 4,245.14 crore, banks achieved Rs 2,749.14 crore during the first six months. Total agricultural lending reached Rs 5,197.05 crore against the target of Rs 7,978.20 crore. Under the overall Annual Credit Plan, banks achieved Rs 8,209.78 crore against the annual target of Rs 13,336.67 crore.
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