Telangana Minister for Transport and BC Welfare and Kribhco Director Ponnam Prabhakar inaugurated the various new projects of Karimnagar District Cooperative Bank recently.
He not only inaugurated the Karimnagar DCCB’s Vemulawada branch new building and ATM facility but also inaugurated the PACS godown of 300 MT capacity and CSC at Vemulawada PACS in the presence of Nafscob Chairman K Ravinder Rao who is also the President of Karimnagar DCCB.
Besides, Prabhakar also handed over the financial assistance cheques of Karimnagar DCCB to beneficiaries.
In his speech, Prabhakar praised the efforts of K Ravinder Rao in transforming the Karimnagar DCCB. On this occasion, DCCB CEO N Satyanarayana Rao, V Mohan Reddy, Tirupathi Reddy and others were present.
It is reported that under the waiver loan waiver scheme, more than Rs 400 crore crop loans of farmers in Karimnagar district have been waived off.