The record
Written from the 1 report below. Nothing here is unsourced.
- PLD Bank President Ravish addressed farmers at the bank's annual meeting in Magadi.
- He reported that the bank has been operating at a loss for 37 years and faces the possibility of a merger if loan recovery rates do not improve.
- The bank is encouraging farmers to clear their existing dues to take advantage of new loans at a discounted interest rate.
- Increased loan repayment is necessary to ensure the continued availability of credit for other farmers.
What to watch next
- Potential merger of the PLD Bank if loan recovery rates remain low
- Future participation of farmers in the interest-subsidized loan scheme
Who said what1
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Ravish
1 quote · 1 outlet
“ರೈತರು ಸುಸ್ತಿ ಸಾಲ ಮರು ಪಾವತಿಸಿ ಬೇರೆ ರೈತರಿಗೆ ಅನುಕೂಲ ಮಾಡಬೇಕು”
In the article
…ಮಾಗಡಿ:‘ ರೈತರು ಸುಸ್ತಿ ಸಾಲ ಮರು ಪಾವತಿಸಿ ಬೇರೆ ರೈತರಿಗೆ ಅನುಕೂಲ ಮಾಡಬೇಕು ’ ಎಂದು ಪಿಎಲ್ಡಿ ಬ್ಯಾಂಕ್ ಅಧ್ಯಕ್ಷ ರವೀಶ್ ಹೇಳಿದರು. .ಹೊಸಪೇಟೆ ಬಮುಲ್ ಶಿಬಿರ ಕಚೇರಿಯಲ್ಲಿ ಭಾನುವಾರ ನಡೆದ 2025-26ನೇ ಸಾಲಿನ ವಾರ್ಷಿಕ ಸಭೆ ಅಧ್ಯಕ್ಷತೆ ವಹಿಸಿ ಮಾತನಾಡಿದರು. .‘ಸಾಲ ಬಟವಾಡೆ ₹1.02 ಕೋಟಿ. ಹಸು-ಕುರಿ ಸಾಕಾಣಿಕೆ ₹50.10 ಲಕ್ಷ, ಭೂ ಅಭಿವೃದ್ಧಿ…
Coverage1
All filed from India
Named India · Magadi · PLD Bank · M.K. Dhananjaya · Narasimhamurthy · Ravish · Shivaprasad
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