Business - Briefly   

Indian Bank's concessional loan for farmers

HYDERABAD: Farmers can now avail themselves of short-term credit from Indian Bank at concessional interest rate of seven per cent per annum. In a press release, the bank's DGM, T. S. Bhaskaran, said Indian Bank introduced the scheme in tune with the Union Finance Minsiter's Budget announcement. The Union Government will provide interest subvention of 2 per cent per annum for short-term production credit up to Rs. 3 lakh for farmers.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Gates to give up day-to-day role
Plan to attract Japanese investment
IOC seeks Kuwaiti stake in Panipat
Volvo introduces new generation trucks
Motorola to raise R&D investment
Steel institute likely to take builders in its fold
Sensex gains another 339 points
Rupee shoots up
Achuthanandan promises steps to reopen Hindalco unit
GAIL takes up community development projects
Condor to invest in five projects in State capital
Gas Task Force begins work on detailed feasibility report
Exchange rates
Bullion rates
Inflation rate up at 4.72 p.c.
TRAI paper on roaming revenue share
Hyundai to raise prices
CEAT increases prices
Aban Loyd to acquire stake in Norwegian Co
Paramount enters premium menswear garments
Sakthi Auto buys 52 p.c. stake in Bonomi
Glenmark arm buys S.African co's seven products
Calsoft-Microsoft Windows partner programme
SpiceJet announces special monsoon season fares
Singapore Airlines' twin-city offer
Global leaders to attend India summit
BSE/NSE NOTES
LogicaCMG enters energy and utilities market
Sonata to distribute VNI products
Nandan readies 8 formulations
Indian Bank's concessional loan for farmers
New President for FAPCCI

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu