6 months ago
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Salem District Collector R. Brindha Devi said that successful the archetypal half of the fiscal twelvemonth 2025-26, a full of ₹19,712.42 crore has been disbursed arsenic loans for precedence schemes successful the district.
The Collector, successful a release, said that the authorities is carrying retired activities for the economical improvement of the nationalist done banks. There are 552 banks successful the district: 236 nationalist assemblage slope branches, 199 backstage slope branches, and 117 government-owned banks, including Tamil Nadu Grama Bank and District Cooperative Bank. In the fiscal twelvemonth 2025-26, done these banks, loans worthy ₹19,712.42 crore person been disbursed for assorted precedence schemes, including agriculture, education, territory industries centre and Magalir Thittam successful Salem district.
In particular, betwixt April and September 2025, assorted loans worthy ₹11,699.55 crore person been provided to cultivation projects and women’s self-help radical (SHG). So far, loans worthy ₹7,055.06 crore person been provided to tiny and micro enterprises and acquisition loans worthy ₹59.79 crore to students.
Indian Bank and Salem Central Cooperative Bank person secured the archetypal and 2nd positions successful providing the highest fig of loans to women SHGs successful 2024-2025 (Indian Bank - ₹ 295.69 crore to 2,157 SHGs, Salem Central Cooperative Bank - ₹161.57 crore to 2,131 SHGs). Instructions were fixed to the banks to instrumentality the indispensable steps to supply loans to entrepreneurs who are anxious to commencement a concern and students who are seeking acquisition loans, the Collector added.
