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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
Home/News/MCDCC Bank extends Rs. 452.47 crore loan…
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MCDCC Bank extends Rs. 452.47 crore loan in 2016-17

Mysuru: The Mysuru & Chamarajanagar District Central Co-operative (MCDCC) Bank has extended a loan of Rs. 452.47 crore last year according to the Bank Chairman S. Chandrashekar. In a press release, Chandrashekar…

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Published August 10, 2017 · 2 min read
mcdcc bank extends rs. 452.47

Mysuru: The Mysuru & Chamarajanagar District Central Co-operative (MCDCC) Bank has extended a loan of Rs. 452.47 crore last year according to the Bank Chairman S. Chandrashekar.

In a press release, Chandrashekar said that the loans disbursed included Rs. 357.41 crore short-term crop loan, Rs. 59.93 crore to new members of the Bank, Rs. 13.01 crore medium-term agricultural loan and Rs. 3.68 crore for purchase of tractor-trailers. also, 2,424 farmers have been extended Rs. 15.84 crore firewood loan, Rs. 3.93 crore to 168 Self-Help Groups, Rs. 8.30 crore credit loan to six Co-operative Societies and Rs. 69.82 crore non-agricultural loan to 9,687 members of the Bank, he said.

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