Nirmala Sitharaman distributes Rs 1,388 crore in loans at Darbhanga credit outre

Union Minister of Finance and Corporate Affairs Nirmala Sitharaman chaired a credit outreach programme in Darbhanga Bihar on FridayDuring the programme loans worth Rs1388 crore were distributed to 49137 beneficiaries by various banks according to an official statement from the Ministry of FinanceChirag Paswan Union Minister of Food Processing Industries and Samrat Choudhary Deputy Chief Minister of Bihar also participated in the eventM Nagaraju Secretary of the Department of Financial Services DFS and MD of the Central Bank of India highlighted the efforts made by banks under financial inclusion initiatives in the districtSitharaman along with other dignitaries visited around 25 stalls showcasing various local products and handicrafts created by entrepreneurs financed by banks and NABARDThe Union Finance Minister distributed five copies of the Constitution each in Maithili and Sanskrit to distinguished citizens She also flagged off an ambulance and provided tricycles to disabled individuals as part of CSR activitiesFurther the release stated that NABARD announced the sanctioning of over Rs74 crore for various rural road projects Banks and SIDBI also extended support under CSR activities to improve school infrastructure particularly in schools for girlsChirag Paswan thanked the Union Finance Minister for visiting Darbhanga while Samrat Choudhary praised the efforts of the Prime Minister and Sitharaman in promoting the economic development of the regionDuring the event Sitharaman inaugurated five branches of the State Bank of India and 25 BC Maxx Centres of the Central Bank of IndiaThe programme was attended by several dignitaries including MPs Gopal Jee Thakur Dr Dharmshila Gupta Sanjay Kumar Jha and Dr Ashok Kumar Yadav K V Shaiji Chairman of NABARD M V Rao MD of the Central Bank of India Manoj Mittal CMD of SIDBI M P Tangirala Additional Secretary of DFS and Surinder Rana Deputy Managing Director of SBIEarlier in the day the Union Finance Minister chaired a review meeting of Regional Rural Banks RRBs from the Eastern Belt in PatnaThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever