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3752 loan proposals sanctioned for around Rs. 300 cr in Kamrup (M) in a day

BNE News Desk


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Guwahati: Banks of the Kamrup Metro District have sanctioned a total of 3752 loan proposals on June 8. In total, loan proposals to the tune of Rs. 297.79 crores were sanctioned by 34 banks in the district today.

In line with “Azadi Ka Amrit Mahatsov”, the Department of Financial Services, Ministry of Finance, Govt of India, is presently celebrating ICONIC week. The loan sanctions are a part of the Customer Outreach Programme of this week.

Among the sanctions accorded, 371 are in the agricultural sector, 262 to the street vendors under the PMSVANidhi, 220 under the Pradhan Mantri Mudra Yojana (PMMY), 113 business loans, 34 in other MSME sectors, 229 housing loans, 116 other retail loans, 32 other priority sector loans, and 2113 other consumption loans.

Moreover, in the Social Security scheme too, the banks have scouted proposals for 1670 enrolments under PMSBY, 1515 enrolments PMJJBY, and 1071 under APY in this event.

"This dedicated endeavor of the banks operating within the district is certainly helping the economy of this district to grow faster, generate employment, and develop entrepreneurship whereby today’s job seeker will turn into tomorrow’s job giver," Sudip Dhar, Lead District Manager of Kamrup (M) informed.

Kalpana Deka, Add. Deputy Commissioner, Kamrup (M) said, "As of March 31, 2022, the district has a 38.84 percent share of Assam's total bank deposits and 32.15 percent of the state's total lending." In disbursements of the financial year 2021-22, banks have lent Rs. 14316.00 crores in the district, which is 36.34 percent of Assam’s total disbursement for fiscal 2021-22. "

She appreciated Bandhan Bank for sanctioning 4927 loans under PMMY, UCO Bank for 412 sanctions under NRLM-SHGs, the State Bank of India that accorded sanctions to 4482 street vendors; EASF Small Finance Bank for sanctioning 2217 numbers under Joint Liability Group (JLG), and HDFC Banks for sanctioning 24 numbers of proposals under the Stand up India Scheme in fiscal 2021-22.

Deka informed us that special emphasis has been given to skill development and opined that dedicated support is needed from all sectors, including bankers, to achieve the goal.

While assuring all support from the District Administration to the banking sectors for operating within this district, the ADC advised the bankers to pay more attention to the proper selection of borrowers, the personal judgment of the manager, and timely disposal of loan proposals that will reduce the non-performing portfolio of the banks to a great extent.

The meeting was attended by R. S. Ramesh, Chief General Manager of SBI, Susanta Sahoo, DGM of SLBC Assam, Biswajit Deb, AGM of NABARD, Sudip Dhar, Lead District Manager of Kamrup (M), and other dignitaries.

BNE News Desk