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ICDP loan for DCCB

Correspondent

VIZIANAGARAM: The Integrated Cooperative Development Project (sponsored by NCDC, New Delhi) has sanctioned Rs. 1 crore towards share capital to District Cooperative Central Bank and Rs. 5 lakhs to District Cooperative Marketing Society for diversifying trade-related activities, according to Chairman of the bank M. Simhachalam Naidu.

Addressing a press conference on Wednesday along with DCMS Chairman Suryanarayana Raju, Mr. Naidu said that of the amount 20 per cent was subsidy and the balance must be repaid in a time frame.

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