Your browser is not supported for the Live Clock Timer, please visit the Support Center for support.

Allot more loan for small scale entrepreneurs says DPP

Quarterly statistics of commercial banks on deposits and credits in  Kozhikode show Rs. 23128 crore as aggregate  deposit and  Rs.18489 crore as gross bank credit.

It was announced in a banking review meeting held at Cosmopolitan club in Kozhiokode.

Kozhikode District Panchayath President Kanathil Jameela urged banks to allot more loans for small and medium  scale entrepreneurs.

“It would help the  financial growth of the district”-she said.

She was  inaugurating a district level banking  committee review meeting .

District Collector N.Prasanth released the credit plan,defining the section wise priorities for allotting loan.

He appreciated banks in the district for  successfully utilizing 95% of available fund.

He suggested the banks to give priorities for toilet  construction and other infrastructure facilities as part of Corporate S0cial Responsibility (CSR)

In the year  2015-16,out of the total fund allocation is for Rs.7086 crore,the agriculture sector will get 3776 crore.

Non-agriculture sector will get Rs.1020 crore and other priority sectors 2228 as credit release.

Canara Bank DGM,K.Hariharan,Reserve Bank AGM V.Raveendran,Nabard DDM,K.P.Padmakumar,Lead Bank Manager K.Buvanadas spoke on the occasion.

 

More News from business

‘Onnam Sakshi’;Audio released

Onnam Sakshi is a family entertainment movie,directed by Vinod Manasseri. The audio of the movie was released at Hotel Metro Tower in Kozhikode on Saturday. Kanchanamala received the first copy from TV journalist Abhilash Nair. Sunil Karanthur,Madhavan Nair,Vijayan Karanthur,Illikkettu,Prakash Payyanackal,Alikkoya,K.P.Sunil were among the participants in the function. The movie is being produced under the banner […]

National Film Festival at Payyanur

Movies including Village Rock Star,Alorukkam,Lipstick under my Burqa,Aswathama are among the movies, screening in the fest Film fans in Payyanur in Kannur district are in rejoice mood to watch great movies and talk movies during this monsoon. The 10th National Film Festival began on 9th June will continue until June 13.Well-known film makers as well […]

Arakkirukkan to reach theaters by April 20

Arakkirukkan (Half-mad) is a Malayalam feature-entertainment movie by Sunil Viswachaithanya. The film portrays the story of men’s exploitation of natural resources and water pollution.Many new faces acted in the movie,which was shot in different locations in Kozhikode and Wayanand districts. Environmental activist Prof. Shobeendran is the chief coordinator of the movie.Cinematography( Sibi Joseph Kolambalam),and music […]

Recent News

Education

Calicut University Campus Cultural Forum;Parackal Philp President;Santhosh Mithran Gen.Secretary

December 12, 2018

Parackal Philip has been elected as the president of Calicut University Campus Cultural Forum.He has been in the forefront of anti-drug activities for the last three decades.Philip is  a good orator also. He was honored with Anti-Narcotic Action Center of India award  (Sevana Ratna ) in 2011. The newly elected general secretary Santhosh Mithra is […]

Cultural exchange program at American Universities;discussion held

American Consulate Cultural Officer Moulik D Bercana met Calicut Vice Chancellor Dr.K.muhammad Basheer.and top officials. He discussed the scope of cultural student exchange program in American Universities.

December 11, 2018

Celebrate girl’s birth-B.Sandhya IPS

Girls’ birth should be celebrated at a time of fatal dip in men-women ratio,opined B.Sandhya IPS. She was inagurating a national seminar at Calicut University on Wednesday,organized by the Department of Women’s Studies. The main reason of women’s disparity is economic inequality. Once political and economic equality is attained,the men-women equality also is achieved-she added. […]

December 5, 2018

More News