IOB disburses Rs 202.65 crore in loans to SHGs, farmers at outreach programme in Tamil Nadu 
News Updates

IOB disburses Rs 202.65 crore in loans to SHGs, farmers at outreach programme in Tamil Nadu

IOB has disbursed loans worth Rs 202.65 crore to 2,634 beneficiaries during a mega Self-Help Group and agriculture outreach programme held in Thanjavur, Tamil Nadu

PSU Watch Bureau

Tamil Nadu: Indian Overseas Bank (IOB) said it disbursed loans worth Rs 202.65 crore to 2,634 beneficiaries during a mega Self-Help Group and agriculture outreach programme held in Thanjavur.

PSU Watch is now on Whatsapp Channels. Click here to join

Participants included members of various SHGs from Tiruchirappalli, Nagapattinam, Dindigul, Madurai, and Thanjavur districts, as well as farmers and representatives of NGOs. The event was held on Saturday, a statement said.

Commenting on the initiative, IOB managing director and CEO Ajay Kumar Srivastava said, "Our support to Self-Help Groups goes beyond credit—we are committed to offering financial literacy, skill training, digital inclusion, and long-term handholding."

"This programme reflects our commitment to inclusive growth, women's empowerment, and agricultural transformation," he added.

The outreach event also provided beneficiaries with an opportunity to interact with bank officials, clarify doubts, and explore potential growth opportunities, it further said.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

HAL issues clarification on reports concerning ALH Helicopters

EIL completes mechanical work of India’s 1st bamboo-based biorefinery in Assam

Stock markets rally in early trade tracking firm global trends amid hopes of rate cut by US Fed

NGEL to set up green hydrogen fuelling station at VOC Port under new MoU

India’s first SAF Conclave & Awards 2025 set to bring global spotlight on sustainable aviation