Indian Overseas Bank conducted SHG Camp in WEB Branch Chennai
Today, SHG Camp is conducted by Indian Overseas Bank, Chennai-I and Chennai-II Regions. In the Camp, a total of 47 beneficiary SHG groups have been sanctioned Credit linkage worth Rs.227.40 Lacs.
City Air News
Apr 27, 2023 09:03
0
Chennai, April 27, 2023: Today, SHG Camp is conducted by Indian Overseas Bank, Chennai-I and Chennai-II Regions. In the Camp, a total of 47 beneficiary SHG groups have been sanctioned Credit linkage worth Rs.227.40 Lacs.
In addition to the SHG, the Camp also witnessed sanctions under Government sponsored PMSVANIDHI Scheme as well as under other MSME schemes of our Bank. A total of 91 PMSVANIDHI beneficiaries are handed over sanction letters for amount totaling Rs.17.30 Lacs, while under general MSME category, 18 beneficiaries have been sanctioned loans amounting to Rs.778.00 Lacs.
Consolidated Demand Drafts under each category i.e. SHG, PMSVANIDHI & General MSME were handed over to the beneficiaries by CRM Davender Kumar (Chennai-I) and CRM Amit Kumar Shukla (Chennai-II). Individual sanction letters were also distributed to the beneficiaries by them. The main guest for the SHG camp was TNULM Official Ravi. It was also attended by IOB AGMs Pankaj Kumar Singh, Niranjan Kumar and Ramesh Kumar Karn and Chennai District LDM Varun Deepak R. and Branch Heads.
