Bankers told to open accounts for beneficiaries

Karimnagar: District Collector Neetu Kumari Prasad urged the bankers to open bank accounts in the name of beneficiaries who were sanctioned subsidy loans by the Scheduled Castes, Scheduled Tribes and Backward Classes Corporations. Addressing the bankers at a review meeting at the Collectorate here on Monday, the District Collector said that the sanction order for subsidy loans were already issued by the SC, ST and BC corporations and asked the bankers to take immediate steps to open savings bank accounts for the beneficiaries so that the loans could be credited into their accounts.

Neetu Prasad said that as against the target of 5,344, a total of 3156 loans were sanctioned by the Scheduled Castes corporation, 1,852 were sanctioned by Backward Castes corporation as against 2304, and 150 were sanctioned by the Scheduled Tribes Corporation as against the target of 167.

The District Collector informed that 92 percent target was already achieved in bank linkages and she expressed confidence to reach 100 percent by the end of this month. Out of Rs 672 crore bank linkage target to women groups, Rs 628 crore were already linked and remaining Rs 48.36 crore would be linked very soon, she added.