Banking
Indian Bank sanctions 1.5k cr loan for SHGs, BFSI News, ET BFSI

Chennai: Public sector Indian Bank sanctioned loans to the tune of Rs 1,500 crore at a mega Self Help Group (SHG) credit score marketing campaign at Trichy on Wednesday. The occasion noticed the participation of round 1,000 ladies SHG members, the financial institution mentioned in an announcement. Indian Financial institution additionally entered into an MoU with Sri Vethaa Dairy to facilitate trouble free loans to dairy farmers within the district via digital diary loans, it added.