Wednesday, November 28, 2012

Bankers get a dressing down for failure to extend education loans


Collector Darez Ahamed on Tuesday lambasted a number of bankers for their failure to extend education loans. “Do not sit on the applications. If you feel that they are not eligible, reject them as it becomes legal and then they can approach the courts if need be,” he told them. Speaking at the third district–level consultative committee meeting of bankers here, he pointed out that as many as 164 applications for education loan have been pending with one particular bank, 114 of them in one particular branch.......

.........Those who took part included A.S.Pillai, AGM,RBI, K.Kothandapani, district manager, NABARD, and K.Sumathi, project director, DRDA.


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