TNSC Bank Wins National Award

Published: 04th December 2014 06:02 AM  |   Last Updated: 04th December 2014 06:02 AM   |  A+A-


CHENNAI: Tamil Nadu Cooperative Minister K Raju on Wednesday received the National Award for the best State Channelising Agency on behalf of Tamil Nadu State Cooperative Bank for providing loans to the differently-abled. The Minister received the award at a grand function held at New Delhi.

The TNSC Bank is one of the channelising agencies of the National Handicapped Finance and Development Corporation.  Union Ministry of Social Justice and Empowerment has chosen the TNSC Bank for this award.

Former Chief Minister J Jayalalithaa introduced the scheme to provide interest-free loans to the differently-abled.  As per the scheme, the government will bear the interest on the loans if they repay the loans in time.  During the past three and half years, Rs.71 crore has been given as loans to the differently-abled.

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