Best opportunity to take loan, 18 government banks started 'loan fair' from today

Oct 21 2019 12:08 PM
Best opportunity to take loan, 18 government banks started 'loan fair' from today

New Delhi: In the midst of growing concern over the economy, today i.e. from October 21, 18 state-owned banks, including the country's largest bank State Bank of India (SBI), have brought a big gift for customers. Banks have organized a loan fair from October 21, which will continue till October 25. That is, you have five days to take a loan easily. Banks have made many arrangements on their behalf.

In this context, SBI has also made a tweet, which states that 18 government banks including SBI are starting #CustomerOutreachInitiative from today. For this, camps will be set up in many places, where customers will be given all types of loans and other banking facilities. In the first phase of the loan fair, public sector banks disbursed loans worth Rs 81,781 crore. This fair lasted for nine days. After meeting the heads of public sector banks, Union Finance Minister Nirmala Sitharaman had said that out of this, loans worth more than Rs 34 thousand crore were given only to new traders. The first phase of the Lone Fair ran from October 1 to October 9.

The central government started this loan fair in 250 districts of the country. Finance Minister Sitharaman said that banks have sufficient capital. The government is trying to get small businessmen to get payment from big corporates by the due date. The government is making efforts on its part to ensure that small businessmen do not have any financial problem.

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