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Home Co-op News Snippets

Minister upset with DCCBs for diverting farmers’ loan

Staff Reporter by Staff Reporter
May 22, 2020
in Co-op News Snippets
0
Minister upset with DCCBs for diverting farmers’ loan
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Hindu reports Karnataka Cooperation Minister S.T. Somashekar has pulled up district credit cooperative (DCC) banks officials for giving loans to sugar factories existing outside the Bengaluru division.

The minister asked them to concentrate on giving loans to farmers.

Somasekhar said Rs 14,500 crore would be disbursed as small- and medium-term loans to farmers during 2020-21.

Tags: cooperativefarmersloanloansS T Somashekar
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