Thursday, Mar 28 2024 | Time 18:26 Hrs(IST)
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Business Economy


Two-day mega 'Loan Mela' to start from Oct 3, says SLBC convenor

Kakinada, Oct 1 (UNI) Andhra Pradesh State Level Bankers Committee (SLBC) convenor and Chief General Manager Andhra Bank Amaravati circle K Nancharaiah on Tuesday said that as a part of the banks’ outreach programme a two-day mega 'Loan Mela' would be organised at Anam Kalakshetram in Rajahmundry on October 3 and 4.
He told media persons here that the outreach programme was being organised in two phases all over the country in 400 districts under the instructions from the Union Finance Ministry.
In the first phase, he said, East Godavari would be one of the districts that would be covered and all the banks would participate. "All the financial services extended by the banks, including the loan schemes, will be explained to the customers during these two days. Bank loans such as Mudra, startup India, PMEGP, Housing, agriculture, small scale industries and vehicle loans would be sanctioned on the spot by the participating banks," he added.
District bankers committee convenor and Andhra Bank Zonal Manager KVS Ramamohan Rao, State Bank of India Regional Manager D Rajaramamohanroy, Syndicate Bank Regional Manager TVK Mohan and Lead Bank Manager J Shanmukha Rao were among those who were present there.
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