Handing over loans worth Rs 46,50,000 to nine skilled self-employed persons of different districts with assistance ranging from Rs 50,000 to Rs 10 lakh provided under Manipur State Co-operative Bank, Manipur Chief Minister N Biren Singh warned that the banks denying loans to the deserving persons in the state would be sternly dealt with, reports Nagaland Post.
Addressing a function related with distribution of loans, the chief minister said that his government has started withdrawing money from the banks that denied loans to deserving persons.
The chief minister asked the loanees to repay loans regularly and maintain good relation with the bank so that they may avail bigger loans in future.
