Canara Bank’s New District Plan

BANGALORE: As many as 139 villages having a population between 1,000- 2,000 people in Bangalore (urban) will be covered in the District Credit Plan (DCP) by Canara Bank which was released at t

Published: 27th March 2012 05:14 AM  |   Last Updated: 16th May 2012 09:46 PM   |  A+A-

BANGALORE: As many as 139 villages having a population between 1,000- 2,000 people in Bangalore (urban) will be covered in the District Credit Plan (DCP) by Canara Bank which was released at the Zilla Panchayat office in Banshankari on Monday.

“Canara Bank will also monitor Vikas Vahini scheme in Ramanagaram and try to meet RBI’s target, to have at least one account in every household,” said Ramesh Rao, District Manager, Bangalore (urban).

Under the DCP, priority sectors like agriculture, non-farm sector and others have received highest credit allocation of `261.98 crore, `371.97 crore and `376.45 crore respectively.

The plan also made a provision of `40.02 crore for poverty alleviation programmes.

K S Suryanarayana Rao, Chief Executive Officer, Zilla Panchayat said, “This year’s plan has 97 per cent coverage and there is no under-estimation.

According to RBI guidelines we have given preference to agriculture and agri-business.”

Stay up to date on all the latest Bengaluru news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp