₹ 37.49 lakh loan distributed
Source: Chronicle News Service
Thoubal, November 02 2023:
Manipur State Cooperative Bank (MSCB) Limited on Thursday distributed Rs 37,49,000 to around 86 farmers of the district in the form of loans through Kishan Credit Card (KCC), during a "Credit Linkage Programme" held at the Election Counting Hall of DC Thoubal Complex.
The 86 farmers belong to seven Thoubal-based Primary Agricultural Cooperative Societies.
The programme was attended by DC Ahanthem Subhash, MSCB Ltd Board of Management president Pangambam Ranjjt Singh, vice president Y Subhash Chandra Singh, deputy general manager L Angouba and Thoubal district cooperative officer I Taken as presidium members.
Speaking on the occasion, DC Subhash remarked that while other banks are apprehensive of granting loans to farmers of Manipur due to non-repayment concerns, MSCB Ltd has been granting loans to farmers up to four times a year.
Thus, he appealed to the farmers to uphold MSCB's trust and repay the loans in time and avail more lucrative loans in the future for all round development.
Mention may be made here the recipients of the loans included seven members of GPLMPCS Ltd (Rs 2,57,000), nine of Tentha GPLMPCS Ltd (Rs 3,78,000) 16 of Model GPLMPCS Ltd (Rs 8.02.000), 26 of Sapam GPLMPCS Ltd (Rs 10,52,000), seven of Lamding Cherapur GPLMPCS Ltd (Rs 3,20,000), 17 of Khangabok Part 1 GPMPCS Ltd (Rs 7,54,000) and four members of Athokpam GPLMPCS Ltd (Rs 1,86,000).