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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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DC takes banks to task for delay in Micro-credit loan sanction

Mysore/Mysuru: Taking Bank officials to task for high rate of pendency of applications in Banks pertaining to approval of Micro-credit to small entrepreneurs, Deputy Commissioner (DC) Dr. Bagadi Gautham questioned some banks…

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Published March 12, 2022 · 2 min read
dc takes banks to task for del

Mysore/Mysuru: Taking Bank officials to task for high rate of pendency of applications in Banks pertaining to approval of Micro-credit to small entrepreneurs, Deputy Commissioner (DC) Dr. Bagadi Gautham questioned some banks for the inordinate delay in the disposal of applications. The DC was addressing the District Level Review Committee (DLRC) meeting of District Lead Bank at the ZP Hall here yesterday.

The irked DC warned to close the accounts of various Government Departments in some private banks in case they fail to implement the welfare schemes launched by the Government by offering loans to various sections of the society.

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