Tamil Nadu Education Minister said farmers in the state would soon have a new banking experience at primary agriculture cooperative banks (PACB) and in cooperative banks (CB), reports Hindu.
Addressing an agriculture loan waiver function at Kanchipuram , the minister said the state government had initiated steps to improve the services offered at PACBs and CBs on a par with commercial banks.
The Minister added a total of 25,280 small and marginal farmers in Kancheepuram district would stand to gain from waiver of farm and farm-related loans to the tune of Rs. 90.37 crore.
He distributed loan waiver certificates to small and marginal farmers who had taken farm loans from the Kancheepuram District Central Cooperative Bank.