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IOB, Indian Bank to waive Rs 2000 cr

FARM LOAN

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T E Narasimhan Chennai

Union Finance Minister P Chidambaram had recently revised the farm loan waiver scheme to Rs 71,680 crore from the earlier proposal of Rs 60,416 crore. An estimated 43 million farmers across the country are expected to benefit from this scheme of which 36 million would be small and marginal farmers with land holdings of less than 5 acres each.

 

The two public sector banks

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First Published: Jun 11 2008 | 12:00 AM IST

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