Vijaya Bank completes loan waiver and displays list of beneficiaries
Bangalore, July 1 (UNI) Public Sector Vijaya Bank has waived off farmers loan to the tune of Rs 217 Crore benefiting 70,000 farmers in its 578 branches under Central Government's Agriculture Debt Waiver and Debt Relief Scheme announced in the Union Budget 2008-09, Bank Chairman and Managing Director Prakash P Mallya said today.
Talking to newsmen here, he said that the Bank has displayed the list of the beneficiaries under the scheme.
Mr Mallya visited Gunjur Rural branch in the outskirts of city yesterday and verified the compliance at the branch with the modalities involved in completing the scheme and handed over Debt Waiver Certificates to the beneficiaries of the Scheme.
While
interacting
with
the
farmers
he
said
that
"interest
of
the
farming
community
is
uppermost
in
the
Bank's
agenda
and
we
are
committed
to
ensure
successful
implementation
of
the
Scheme
and
make
sure
that
all
eligible
farmers
are
issued
fresh
loans
at
the
earliest."
UNI
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