Disbursement of Rs 1.65 crore loan in PLD Bank

Channarayapatna: PLD Bank President M. Shankar said that a loan of Rs 1.65 crore has been disbursed in the PLD Bank of the town while speaking at the check distribution ceremony of the new loans of Krishi Patta and Rural Development Bank of Channarayapatna Taluk. He said that the reduction will be done and the interest of the farmers who have repaid the loan immediately will be borne by the state PLD Bank and the taluk BLB Bank. He said that crop loan and tractor loan will be distributed to selected farmers of Hirisave, Nuggehalli, Bagur, Shravanabelagola Hobli of Channarayapatna taluk. He said that for the prosperity of the bank, the borrowers should engage themselves in agricultural work and repay the loan so that other farmers can also be given loans. PLD Bank directors BMR Manjunath, Bommegowda, former chairman of the bank Jayaram, Mukhandara Ganniviswanath, Sridhar, Shivanna, MR Rangaswamy, bank manager Jagadish Chandra and others were present.