Summary:
The State government has asked the banks to disburse loans to eligible farmers after verifying the details in the old Pattadar passbooks. There were also instances where banks asked farmers to obtain no-objection certificates from the other banks in their respective areas for processing loans. more-inInordinate delays in disbursal of crop loans to farmers by banks appears to be heading for a resolution. The banks have, therefore, decided to disburse loans after re-verification of the details of individual farmers which resulted in delays in releasing the amounts. “Instructions have been issued to banks to speed up disbursal of loans..