During its 15 day farmer outreach programme held here recently, the public sector has sanctioned over 100 crore worth of agricultural loans.
At the fifth edition of Baroda Kisan Pakhwada'' between November 15 and 30 as many as 161 semi-urban and rural branches of the bank took part. More than 20,000 farmers across the country received farm loans of Rs 134 crore, the bank said in a statement on Saturday.
The Baroda Kisan Pakhwada'' has been designed to help the bank increase engagement with the farming community and raise awareness about various agricultural products and schemes offered by the Bank.
We are pleased to be reaching out to the farming community on a larger scale and provide them with details and financial assistance and make them familiar with various agricultural initiatives launched by the government, general manager and zonal head Chennai A Saravanakumar.
Bank of Baroda has 314 branches of which 161 are located in rural areas of the state. The advances in the agricultural sector stood at 7,800 crore on September 30, 2022, according to the bank.