NABARD and SIDBI announce approval of more than Rs.155.84 crore and Rs 75.52 lakh respectively for various rural road projects
FinTech BizNews Service
Mumbai, 30 November, 2024: Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman today chaired Credit outreach programme in presence of Bihar’s Deputy Chief Minister Shri Samrat Choudhary, in Madhubani, Bihar.
The programme was also attended by Members of Parliament (MPs) Shri Rampreet Mandal; Shri Sanjay Kumar Jha; Dr. Ashok Kumar Yadav; and Members of Legislative Assembly (MLAs) Shri Vinod Narayan Jha; Shri Sudhanshu Shekhar; and Shri Ghanshyam thakur.
Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), Shri K.V. Shaiji, Chairman, NABARD; Shri M.V. Rao, MD, Central Bank of India; Shri Manoj Mittal, CMD, SIDBI; Shri M.P. Tangirala, Additional Secretary, DFS and Shri Surinder Rana, DMD, SBI, also participated in the credit outreach programme.
Shri Samrat Choudhary thanked the Union Finance Minister for visiting Madhubani for the credit outreach programme and especially mentioned the efforts being undertaken under the guidance of the Prime Minister in supervision of the Union Finance Minister for economic development in the area.
During the Credit Outreach Programme, some senior citizens aged 70 years and above were provided Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) cards also.
The Union Finance Minister distributed loans worth Rs. 1,121 crore to 50,294 beneficiaries by various Banks.
Later, Smt. Sitharaman, along with other dignitaries also visited around 25 stalls that displayed various local products and handicrafts of entrepreneurs financed by Banks and NABARD.
The Union Finance Minister also gave five copies of Constitution each in Maithili and Sanskrit to distinguished citizens.
Banks also sanctioned assistance under CSR activities for betterment of infrastructure in schools specially schools meant for girls. The Union Finance Minister also flagged off an ambulance and various activities were announced under CSR.
Shri M. Nagaraju and Deputy Managing Director (DMD), State Bank of India, detailed the efforts made by banks under financial inclusion initiatives in the district.
