Stop taking loan from private financial firms, says official
Source: The Sangai Express
Thoubal, January 18 2020:
Ningol Club Heirok and SBI Thoubal Branch jointly organised a one day awareness camp on financial literacy at the community hall of Sati Khongnang Leirak near Heirok Part-II Bazar, today.
At the event, SBI Thoubal Branch Assistant Manager, Dr Uttam Luwang urged all to stop taking loan from private financial firms that are operating in the State.
As the borrowers have to pay high interest for the amount they received on daily, weekly or monthly basis, taking loan from such banks only worsened their economic conditions, he asserted and appealed all to approach Government banks and take benefits of the many schemes launched by the Government for their welfare.
Ningol Club general secretary, Khundongbam Sophiya also attended the programme among others.