PSU banks disburse record Rs 2.52 trn loans in October: Finance Ministry


PTI, Nov 22, 2019, 2:40 PM IST

New Delhi: Public sector banks disbursed a record Rs 2.52 lakh crore of loans during the festive month of October, the Finance Ministry said on Thursday.

An amount of Rs 1.05 lakh crore was fresh lending, the Department Financial Services said in a statement.

An amount of Rs 46,800 crore was given as a working capital loan, it said.

The government in September had asked state-run banks to step up lending and hold outreach programs or loan melas in 400 districts to lend to desirable shadow banks and retail borrowers.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Ex-MP D K Suresh files plaint against woman over ‘misuse’ of his name

Karnataka govt to challenge bail granted to actor Darshan in Renukaswamy murder case

Rajnath Singh and General Dwivedi visit Mhow-based Army War College

Day after youth’s death, Sunburn organisers say prompt medical assistance was provided

203 individuals held for visa and passport fraud in 2024

Theatre stampede case: Court in Telangana reserves order on actor Allu Arjun’s bail plea

Parole for murder case convict triggers fresh political row in Kerala

Related Articles More

‘Silent firing’ on a rise with rapid technological advancement: Report

Gold rises Rs 150 to Rs 79,350 per 10 gms; silver rules flat

Digi Yatra data used to crack down on tax evaders? I-T dept says no

Rewind 2024: Big AI bets, demand reboot: Indian IT sector ‘bytes’ into 2025 with cautious optimism

High employee attrition of 25% in private banks pose operational risk: RBI Report

MUST WATCH

Tulunadu Daivaradane

Feeding Birds with Creative Paddy Art!

Areca Nut

HOTEL SRI DURGA BHAVANA

Harish Poonja


Latest Additions

Ex-MP D K Suresh files plaint against woman over ‘misuse’ of his name

Karnataka govt to challenge bail granted to actor Darshan in Renukaswamy murder case

Rajnath Singh and General Dwivedi visit Mhow-based Army War College

Day after youth’s death, Sunburn organisers say prompt medical assistance was provided

203 individuals held for visa and passport fraud in 2024

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.