Arun Shrivastava, Chairman, SLBC and MD & CEO, Syndicate Bank, said that SLBC has taken several measures to mitigate the hardships faced by the distressed farmers in all the 136 talukas declared as drought hit by government of Karnataka. LDMs have conducted 86 counselling camps. Banks in Karnataka have restructured / rescheduled 267,207 agricultural loan accounts involving Rs2464 cr and provided 25,288 fresh Crop Loan / Kisan Credit Card to the extent of Rs365.94 cr to affected persons as a relief measure extended in drought affected areas. SLBC had also taken decision to waive overdue / compound interest of the affected pomegranate and grape growers.
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