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Loans distributed

By Our Staff Reporter

PUDUKOTTAI, JULY 31. The district administration has taken steps to organise a special shandy for marketing the products of self-help group members, the Collector, Jatindranath Swain, said today.

He was addressing a function got up here to distribute Rs. 54.45 lakhs loans sanctioned by the Indian Bank to 125 SHGs here.

He said 4,000 out of a total of 5,000 SHGs in the district had been recommended for credit linkage, based on their performance. Steps would be taken for rating the other groups.

K. Srinivasan, Regional Manager, Indian Bank, said SHGs were prompt in repaying loans.

N. Kesawamurthy, Assistant General Manager, National Bank for Agriculture and Rural Development, the Lead District Manager, R. Muthian, and Pannerselvam, Assistant Project Officer, Tamil Nadu Corporation for the Development of Women Limited, spoke.

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