Business Standard

Saturday, December 21, 2024 | 03:01 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

'Banks can create job opportunities using microfinance'

Image

Press Trust of India Dehra Dun

"Banks in Uttarakhand can stop migration from hills and create job opportunities for youths," she said while addressing a meeting of the State-level Bankers Committee (SLBC) here.

While expressing concern over the low credit deposit ratio (CDR) in the state, particularly in Dehradun and Haridwar, she asked banks to provide guarantee-free loans to people and developing clusters for microfinancing.

On the occasion, chief secretary Alok Jain asked banks to increase distribution of kisan credit cards to farmers.

  

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 14 2012 | 11:15 PM IST

Explore News