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Bank
of Baroda dispensed Rs126 crore in credit to over 5,000
farmers at Mansa, near Ahmedabad in Gujarat.
A
C Mahajan, executive director, Bank of Baroda, presented
sanction letters to the farmers. Addressing a press
conference, he stated that the bank has been organising
series of farm credit dispensation functions at village
level with a view to making available to the farming
community timely and adequate farm credit at their doorsteps,
since the announcement of the policy package on agriculture
credit'' by the centre.
The major activities for which the loans were sanctioned
are production
loans to farmers, micro irrigation systems, tractors,
mini dairy units, rural internet kiosks, rural and cottage
industries, cotton ginning and pressing units and other
agro-processing units.
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